The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.4%
Revenue Growth %: -20.0%
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MARYSVILLE, Ohio, Nov. 01, 2017 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden products, announced today that its Board of Directors has approved the payment of a cash dividend of $0.53 per share. The first quarter dividend is payable on Friday, December 8, 2017 to shareholders of record as of Friday, November 24, 2017.
About ScottsMiracle-GroThe Scotts Miracle-Gro Company is the world's largest marketer of branded consumer products for lawn and garden care. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in the U.S. and certain foreign countries by Scotts and owned by Monsanto. In the U.S., we maintain a minority interest in TruGreen®, the largest residential lawn care service business, and in Bonnie Plants®, the largest marketer of edible gardening plants in retail channels. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is also a leading provider of nutrients, lighting and other materials used in the hydroponic growing industry. For additional information, visit us at www.scottsmiraclegro.com.
Contact:Jim KingSenior Vice PresidentInvestor Relations & Corporate Affairs(937) 578-5622
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