Scotts Miracle-Gro Stock: Quarterly Dividend Declared (SMG)

By Amit Chowdhry ● Jan 24, 2023
  • The Scotts Miracle-Gro Co (SMG) board has declared a quarterly dividend. These are the details.

The Scotts Miracle-Gro Company (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 $0.66 per share. This dividend is payable on Friday, March 10, 2023, to shareholders of record as of Friday, February 24, 2023.

Overview

Dividend amount: $0.66 per share

Dividend timing: payable on Friday, March 10, 2023, to shareholders of record as of Friday, February 24, 2023.

With about $3.9 billion in sales, Scotts Miracle-Gro is the world’s largest marketer of branded consumer products for lawn and garden care. And the company’s brands are among the most recognized in the industry.

Scotts Miracle-Gro’s Scotts, Miracle-Gro, and Ortho brands are market-leading in their categories. And 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.