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Scotts Miracle-Gro (SMG) Dividend Yield, Date & History

Scotts Miracle-Gro logo
$68.52 +1.23 (+1.83%)
(As of 12/20/2024 05:31 PM ET)

Scotts Miracle-Gro Dividend Summary

Dividend Yield
3.85%
Annual Dividend
$2.64
Recent
Dividend Payment
Dec. 6
Annualized 3-Year
Dividend Growth
3.23%
Dividend Payout Ratio
-382.61%

Scotts Miracle-Gro (SMG) pays an annual dividend of $2.64 per share, with a dividend yield of 3.85%. The next quarterly payment of $0.66 per share was paid on Friday, December 6, to investors who owned the stock before the ex-dividend date of Friday, November 22. The company currently pays out -382.61% of its earnings and 77.40% of its cash flow as dividends.

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SMG Dividend Payments by Quarter

The chart below displays up to four years of Scotts Miracle-Gro's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SMG Dividend Yield Over Time

The chart below tracks Scotts Miracle-Gro's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Scotts Miracle-Gro vs. The Competition

Compare Scotts Miracle-Gro's annual dividend, yield, and 3-year growth rate with averages for Materials and NYSE companies to evaluate its performance against the market.

TypeScotts Miracle-GroMaterials CompaniesNYSE Companies
Annual Dividend$2.64$0.17$1.39
Dividend Yield3.85%5.21%3.58%
Annualized 3-Year Dividend Growth3.23%21.64%15.78%

Scotts Miracle-Gro Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-382.61%
Based on This Year's Estimate80.24%
Based on Next Year's Estimate65.51%
Based on Cashflow77.40%

Scotts Miracle-Gro Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/4/2024Quarterly$0.66 - 2.82%11/22/202411/22/202412/6/2024
7/30/2024quarterly$0.66 - 3.3%8/23/20248/23/20249/6/2024
4/22/2024quarterly$0.66 - 3.8%5/23/20245/24/20246/7/2024
1/22/2024quarterly$0.66 - 4.4%2/22/20242/23/20243/8/2024
10/31/2023quarterly$0.66 - 5%11/24/202311/27/202312/8/2023
8/1/2023Quarterly$0.66 - 4.56%8/24/20238/25/20239/8/2023
4/24/2023quarterly$0.66 - 3.8%5/25/20235/26/20236/9/2023
1/23/2023Quarterly$0.66 - 4.23%2/23/20232/24/20233/10/2023

This table shows Scotts Miracle-Gro's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Scotts Miracle-Gro Dividend - Frequently Asked Questions

The current dividend yield for Scotts Miracle-Gro is 3.85%. Learn more on SMG's dividend yield history.

The annual dividend for SMG shares is $2.64. Learn more on SMG's annual dividend history.

Scotts Miracle-Gro pays quarterly dividends to shareholders.

Scotts Miracle-Gro's most recent quarterly dividend payment of $0.66 per share was made to shareholders on Friday, December 6, 2024.

Scotts Miracle-Gro's most recent ex-dividend date was Friday, November 22, 2024.

Over the past three years, the company's dividend has grown by an average of 3.23% per year.

The most recent change in the company's dividend was an increase of $0.04 on Monday, August 2, 2021.

The dividend payout ratio for SMG is:
  • -382.61% based on the trailing year of earnings
  • 80.24% based on this year's estimates
  • 65.51% based on next year's estimates
  • 77.40% based on cash flow

Scotts Miracle-Gro's dividend yield of 3.51% is lower than the average Basic Materials company that issues a dividend.

Looking at the stock as a whole, market analysts rate Scotts Miracle-Gro stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:SMG) was last updated on 12/21/2024 by MarketBeat.com Staff
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