The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

The Scotts Miracle-Gro Company (NYSE: SMG) has announced a cash dividend of $0.62 per share, set to be paid on March 10, 2021. Shareholders of record by February 24, 2021 will be eligible to receive this dividend. With approximately $4.1 billion in sales, Scotts Miracle-Gro is a leading marketer of consumer lawn and garden products, recognized for its prominent brands like Scotts®, Miracle-Gro®, and Ortho®. The company also includes The Hawthorne Gardening Company, focusing on indoor and hydroponic growing solutions.

Positive

• Dividend payment of $0.62 per share enhances shareholder returns.
• The company maintains a strong revenue base with $4.1 billion in sales.

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• None.

MARYSVILLE, Ohio, Jan. 25, 2021 (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 $0.62 per share. The dividend is payable on Wednesday, March 10, 2021 to shareholders of record as of Wednesday, February 24, 2021.

About ScottsMiracle-Gro
With approximately $4.1 billion in sales, the Company is one of the world's largest marketers 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.

Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622

FAQ

What is the dividend amount for SMG in 2021?

The dividend amount for Scotts Miracle-Gro (SMG) in 2021 is $0.62 per share.

When will the SMG dividend be paid?

The SMG dividend will be paid on March 10, 2021.

Who is eligible for the SMG dividend?

Shareholders of record as of February 24, 2021, are eligible for the SMG dividend.

What are the major brands of Scotts Miracle-Gro?

Scotts Miracle-Gro's major brands include Scotts®, Miracle-Gro®, and Ortho®.