The Scotts Miracle-Gro Company (SMG) to Issue Quarterly Dividend of $0.66 on September 4th

Posted by Wayne Rhoads on Aug 19th, 2026

The Scotts Miracle-Gro Company (NYSE:SMG – Get Free Report) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, August 21st will be paid a dividend of 0.66 per share by the basic materials company on Friday, September 4th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, August 21st.

Scotts Miracle-Gro has decreased its dividend by an average of 0.2%annually over the last three years. Scotts Miracle-Gro has a dividend payout ratio of 62.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Scotts Miracle-Gro to earn $4.68 per share next year, which means the company should continue to be able to cover its $2.64 annual dividend with an expected future payout ratio of 56.4%.

Scotts Miracle-Gro Stock Up 0.5%

Shares of SMG opened at $59.48 on Wednesday. Scotts Miracle-Gro has a twelve month low of $52.00 and a twelve month high of $75.34. The company has a market capitalization of $3.46 billion, a P/E ratio of 51.72 and a beta of 1.82. The firm has a 50 day moving average of $65.85 and a 200 day moving average of $64.26.

Scotts Miracle-Gro (NYSE:SMG – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.34. Scotts Miracle-Gro had a negative return on equity of 81.90% and a net margin of 2.19%.The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the firm posted $2.59 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. On average, sell-side analysts expect that Scotts Miracle-Gro will post 4.41 EPS for the current year.

About Scotts Miracle-Gro

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Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.