The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

The Scotts Miracle-Gro Company (SMG) Announces $0.66 Cash Dividend Payment

Positive

• The Scotts Miracle-Gro Company continues to demonstrate financial stability and commitment to shareholder value through the approval of a $0.66 cash dividend per share.

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• None.

MARYSVILLE, Ohio, Aug. 01, 2023 (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 $0.66 per share. The dividend is payable on Friday, September 8, 2023, to shareholders of record as of Friday, August 25, 2023.

About ScottsMiracle-Gro
With approximately $3.9 billion in sales, the Company is the world’s largest marketer 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.

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

FAQ

What is the latest announcement from The Scotts Miracle-Gro Company?

The latest announcement is the approval of a $0.66 cash dividend per share by the Board of Directors.

When is the dividend payment scheduled?

The dividend is payable on Friday, September 8, 2023.

Who is eligible for the dividend payment?

Shareholders of record as of Friday, August 25, 2023, are eligible for the cash dividend payment.