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, approved by its Board of Directors. This dividend will be payable on September 9, 2022, to shareholders of record as of August 26, 2022. With approximately $4.9 billion in sales, ScottsMiracle-Gro is a leading marketer of branded consumer lawn and garden products, featuring well-known brands like Scotts®, Miracle-Gro®, and Ortho®. The Hawthorne Gardening Company, a subsidiary, specializes in indoor and hydroponic gardening supplies.

Positive

• Approval of a $0.66 per share cash dividend enhances shareholder income.
• Company reported $4.9 billion in sales, indicating strong market presence.

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• None.

MARYSVILLE, Ohio, Aug. 02, 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 Friday, September 9, 2022, to shareholders of record as of Friday, August 26, 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. For additional information, visit us at www.scottsmiraclegro.com.

Contact:
Kelly Berry
Vice President
Investor Relations
(937) 578-1598

FAQ

What is the dividend amount for Scotts Miracle-Gro (SMG)?

The dividend amount for Scotts Miracle-Gro (SMG) is $0.66 per share.

When is the dividend payment date for Scotts Miracle-Gro (SMG)?

The dividend payment date for Scotts Miracle-Gro (SMG) is September 9, 2022.

Who is eligible to receive the dividend from Scotts Miracle-Gro (SMG)?

Shareholders of record as of August 26, 2022 are eligible to receive the dividend.