The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

Scotts Miracle-Gro (NYSE: SMG) has announced a quarterly cash dividend of $0.66 per share, payable on December 6, 2024, to shareholders of record as of November 22, 2024. The company, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer lawn and garden products, including market-leading brands Scotts®, Miracle-Gro®, and Ortho®. Through its subsidiary, The Hawthorne Gardening Company, it also leads in providing materials for indoor and hydroponic growing.

Positive

• Maintains consistent dividend payment of $0.66 per share
• Strong market position with $3.6 billion in sales
• Market leadership in branded consumer lawn and garden products

Negative

• None.

News Market Reaction

+2.10%

1 alert

+2.10% News Effect

On the day this news was published, SMG gained 2.10%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MARYSVILLE, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, 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, December 6, 2024, to shareholders of record as of Friday, November 22, 2024.

About ScottsMiracle-Gro
With approximately $3.6 billion in sales, the Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting, and other materials used in the indoor and hydroponic growing segment. For additional information, visit us at www.scottsmiraclegro.com.

For investor inquiries:
Aimee DeLuca
Sr. Vice President
Investor Relations
aimee.deluca@scotts.com
(937) 578-5621

For media inquiries:
Tom Matthews
Chief Communications Officer
tom.matthews@scotts.com
(937) 644-7044

FAQ

What is Scotts Miracle-Gro's (SMG) dividend amount for Q4 2024?

Scotts Miracle-Gro (SMG) announced a quarterly cash dividend of $0.66 per share.

When is Scotts Miracle-Gro's (SMG) next dividend payment date?

The dividend is payable on December 6, 2024, to shareholders of record as of November 22, 2024.

What is Scotts Miracle-Gro's (SMG) current annual revenue?

Scotts Miracle-Gro reports approximately $3.6 billion in sales.

What are the main brands owned by Scotts Miracle-Gro (SMG)?

Scotts Miracle-Gro's main brands include Scotts®, Miracle-Gro®, and Ortho®, which are market leaders in their categories.