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 September 5, 2025, to shareholders of record as of August 22, 2025.
The company, with $3.6 billion in sales, is the world's largest marketer of branded consumer lawn and garden products, including well-known brands Scotts®, Miracle-Gro®, and Ortho®. Through its subsidiary, The Hawthorne Gardening Company LLC, it also leads in indoor and hydroponic growing materials.
Positive
- Consistent dividend payment demonstrates financial stability
- Market leadership position with $3.6 billion in sales
- Strong portfolio of recognized consumer brands
Negative
- None.
News Market Reaction
On the day this news was published, SMG declined 8.50%, reflecting a notable negative market reaction. Argus tracked a trough of -6.1% from its starting point during tracking. Our momentum scanner triggered 48 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $347M from the company's valuation, bringing the market cap to $3.74B at that time. Trading volume was very high at 4.8x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
MARYSVILLE, Ohio, July 29, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden products 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
About ScottsMiracle-Gro
With approximately
For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations
brad.chelton@scotts.com
(937) 309-2503
For media inquiries:
Tom Matthews
Chief Communications Officer
tom.matthews@scotts.com
(937) 844-3864