The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a quarterly dividend increase to $0.66 per share.
Sentiment and the balance of points
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Rhea-AI Summary
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a quarterly dividend increase to $0.66 per share. The fourth quarter dividend will be payable on September 10, 2021, to shareholders of record by August 27, 2021. With approximately $4.1 billion in sales, Scotts Miracle-Gro is a leading marketer in the lawn and garden product industry, known for its brands like Scotts®, Miracle-Gro®, and Ortho®. The company also operates The Hawthorne Gardening Company, focused on indoor and hydroponic growing solutions.
Positive
- Quarterly dividend increased to $0.66 per share.
- Dividends reflect company confidence and positive cash flow.
- Strong sales figures at approximately $4.1 billion.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was -1.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, July 30, 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 an increase to the Company’s quarterly dividend payment to
About ScottsMiracle-Gro
With approximately
Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622
FAQ
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