The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.66 per share, approved by its Board of Directors.
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 announced a cash dividend of $0.66 per share, approved by its Board of Directors. This dividend will be payable on September 9, 2022, to shareholders of record as of August 26, 2022. With approximately $4.9 billion in sales, ScottsMiracle-Gro is a leading marketer of branded consumer lawn and garden products, featuring well-known brands like Scotts®, Miracle-Gro®, and Ortho®. The Hawthorne Gardening Company, a subsidiary, specializes in indoor and hydroponic gardening supplies.
Positive
- Approval of a $0.66 per share cash dividend enhances shareholder income.
- Company reported $4.9 billion in sales, indicating strong market presence.
Negative
- None.
Details
News Market Reaction – SMG
The recorded move for SMG in the trading session of this news was -6.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, Aug. 02, 2022 (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:
Kelly Berry
Vice President
Investor Relations
(937) 578-1598
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.