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 $0.66 per share, set to be paid on March 10, 2022. Shareholders must be on record by February 24, 2022 to qualify. The company, with approximately $4.9 billion in sales, is a leading provider of branded consumer lawn and garden products, with well-known brands like Scotts®, Miracle-Gro®, and Ortho®. The Hawthorne Gardening Company, a subsidiary, specializes in indoor and hydroponic growing materials.

Positive

• Approval of a cash dividend of $0.66 per share enhances shareholder income.
• The company reported approximately $4.9 billion in sales, indicating strong market positioning.

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• None.

MARYSVILLE, Ohio, Jan. 24, 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 $0.66 per share. The dividend is payable on Thursday, March 10, 2022, to shareholders of record as of Thursday, February 24, 2022.

About ScottsMiracle-Gro
With approximately $4.9 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. Another wholly-owned subsidiary, The Hawthorne Collective, has been established to invest in emerging areas of the cannabis industry. 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 Scotts Miracle-Gro (SMG)?

The dividend amount is $0.66 per share.

When will the Scotts Miracle-Gro (SMG) dividend be paid?

The dividend will be paid on March 10, 2022.

What is the record date for the SMG dividend?

The record date for the dividend is February 24, 2022.