The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
Rhea-AI Summary
Scotts Miracle-Gro (NYSE: SMG) has announced its Board of Directors has approved a quarterly cash dividend of $0.66 per share, payable on March 7, 2025, to shareholders of record as of February 21, 2025.
The company, with approximately $3.6 billion in sales, is the world's largest marketer of branded consumer products for lawn and garden care. Their portfolio includes market-leading brands Scotts®, Miracle-Gro®, and Ortho®. Through their wholly-owned subsidiary, The Hawthorne Gardening Company, they also lead in providing nutrients, lighting, and 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 – SMG
In the trading session that priced this news, SMG declined 2.54%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARYSVILLE, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as 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:
Aimee DeLuca
Sr. Vice President
Investor Relations
(937) 578-5621
For media inquiries:
Tom Matthews
Chief Communications Officer
Corporate Affairs
(937) 644-7044
