The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.62 per share, approved by its Board of Directors. This dividend is set to be paid on June 10, 2021, to shareholders of record by May 27, 2021. Scotts Miracle-Gro is a leading marketer of branded lawn and garden products, with approximately $4.1 billion in sales. Its prominent brands include Scotts®, Miracle-Gro®, and Ortho®.

Positive

• Approval of $0.62 cash dividend per share for shareholders.
• Company demonstrates financial strength with $4.1 billion in sales.

Negative

• None.

News Market Reaction – SMG

+0.74%

+0.74% Session move

In the trading session that priced this news, SMG gained 0.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MARYSVILLE, Ohio, April 26, 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 $0.62 per share. The dividend is payable on Thursday, June 10, 2021, to shareholders of record as of Thursday, May 27, 2021.

About ScottsMiracle-Gro
With approximately $4.1 billion in sales, the Company is one of the world's largest marketers 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.

Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622

FAQ

What is the dividend amount for Scotts Miracle-Gro (SMG) in 2021?

The dividend amount is $0.62 per share.

When is the payment date for the SMG dividend?

The dividend will be paid on June 10, 2021.

What is the record date for the Scotts Miracle-Gro dividend?

The record date is May 27, 2021.

How much revenue does Scotts Miracle-Gro generate?

Scotts Miracle-Gro generates approximately $4.1 billion in sales.