The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.62 per share, payable on December 10, 2020 to shareholders on record as of November 30, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.62 per share, payable on December 10, 2020 to shareholders on record as of November 30, 2020.
With approximately $4.1 billion in annual sales, Scotts Miracle-Gro is a leading marketer of consumer lawn and garden products. Their popular brands include Scotts®, Miracle-Gro®, and Ortho®. The company also owns The Hawthorne Gardening Company, which focuses on indoor and hydroponic gardening solutions.
Positive
- Approval of a $0.62 cash dividend per share is a positive signal for investors.
- Company maintains strong market position with $4.1 billion in sales.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was +5.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s leading marketers of branded consumer lawn and garden products, announced that its Board of Directors has approved the payment of a cash dividend of
About ScottsMiracle-Gro
With approximately
Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622
FAQ
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