The Scotts Miracle-Gro Company (NYSE: SMG) announced a quarterly cash dividend of $0.66 per share, payable June 5, 2026, to shareholders of record on May 22, 2026. The company reported approximately $3.4 billion in sales and reiterated its position as a leading branded lawn and garden products marketer in North America.
This dividend reflects a shareholder return action with clear record and payment dates and a concrete per-share amount.
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Positive
Dividend declared of $0.66 per share
Payment date set for June 5, 2026
Record date May 22, 2026
$3.4B in reported sales
Negative
Cash outflow to shareholders reduces near-term liquidity
News Market Reaction – SMG
-3.22%
-3.22%Session close to close
In the Apr 21 session, SMG declined 3.22%, reflecting a moderate negative market reaction.
MARYSVILLE, Ohio, April 20, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, announced that its Board of Directors has approved the payment of a cash dividend of $0.66 per share. The dividend is payable on Friday, June 5, 2026, to shareholders of record as of Friday, May 22, 2026.
About ScottsMiracle-Gro With approximately $3.4 billion in sales, the Company is the leading marketer of branded consumer lawn and garden products in North America. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands are market-leading in their categories. For additional information, visit us at www.scottsmiraclegro.com.
For investor inquiries: Brad Chelton Vice President Treasury, Tax and Investor Relations brad.chelton@scotts.com (937) 309-2503
For media inquiries: Tom Matthews Chief Communications Officer tom.matthews@scotts.com (937) 844-3864
FAQ
What dividend did Scotts Miracle-Gro (SMG) announce on April 20, 2026?
The company announced a quarterly cash dividend of $0.66 per share. According to the company, the dividend is payable June 5, 2026, to shareholders of record as of May 22, 2026.
When is the SMG dividend payable and what is the record date for shareholders?
The dividend is payable on June 5, 2026, with a record date of May 22, 2026. According to the company, shareholders on the record date will receive the $0.66 per-share cash payment.
How much will an SMG shareholder receive per share for the June 2026 dividend?
Each shareholder will receive $0.66 per share for the declared quarterly dividend. According to the company, the payment is scheduled for June 5, 2026, for holders of record on May 22, 2026.
Does the SMG April 20, 2026 dividend announcement affect upcoming shareholder records or trading?
The announcement sets a record date of May 22, 2026, which determines eligible shareholders. According to the company, investors must hold shares by that date to qualify for the June 5 dividend payment.
What does the $0.66 dividend mean for SMG's shareholder return policy in 2026?
The $0.66 per-share distribution represents a concrete cash return for shareholders this quarter. According to the company, it reflects a routine board-approved quarterly dividend payment rather than a special or one-time distribution.
