The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

Rhea-AI Summary

The Scotts Miracle-Gro Company (NYSE: SMG) announced the approval of a cash dividend of $0.66 per share, scheduled for payment on December 9, 2022. Shareholders of record as of November 28, 2022 will receive the dividend. The company, with approximately $3.9 billion in sales, is a leading marketer of branded lawn and garden products, including its renowned Scotts®, Miracle-Gro®, and Ortho® brands. ScottsMiracle-Gro also has a strong presence in the indoor and hydroponic growing market through its subsidiary, The Hawthorne Gardening Company.

Positive

• Approved dividend of $0.66 per share, reinforcing company confidence.
• Strong market presence with approximately $3.9 billion in sales.

Negative

• None.

MARYSVILLE, Ohio, Nov. 04, 2022 (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, December 9, 2022, to shareholders of record as of Monday, November 28, 2022.

About ScottsMiracle-Gro
With approximately $3.9 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. For additional information, visit us at www.scottsmiraclegro.com.

For investor inquiries:
Kelly Berry
Vice President
Investor Relations
(937) 578-1598

For media inquiries:
Tom Matthews
Chief Communications Officer
Corporate Affairs
(937) 644-7044

FAQ

What is the dividend amount for SMG in 2022?

Scotts Miracle-Gro announced a cash dividend of $0.66 per share.

When is the dividend payment date for SMG?

The dividend payment date for SMG is December 9, 2022.

Who will receive the dividend from Scotts Miracle-Gro?

Shareholders of record as of November 28, 2022, will receive the dividend.