The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) has approved a cash dividend of $0.66 per share, which will be payable on December 10, 2021, to shareholders on record as of November 29, 2021.
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 approved a cash dividend of $0.66 per share, which will be payable on December 10, 2021, to shareholders on record as of November 29, 2021. With approximately $4.9 billion in sales, Scotts Miracle-Gro is a prominent player in the branded consumer lawn and garden products market. The company's leading brands include Scotts, Miracle-Gro, and Ortho, alongside its subsidiary, The Hawthorne Gardening Company, specializing in indoor and hydroponic growing products.
Positive
- Approval of a $0.66 per share cash dividend enhances shareholder income.
- Strong sales performance with approximately $4.9 billion in revenue indicates company stability.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was +10.68%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, Nov. 02, 2021 (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
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