The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It provides lawn care products comprising lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products include water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and lives goods and seeding solutions. The company also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. It sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Osmocote, Shake N Feed, Hyponex, Earthgro, SuperSoil, Fafard, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, Hydroponics, Vermicrop, Gavita, Agrolux, Can-Filters, Sun System, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. The company serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Scotts Miracle-Gro Dividend Announcement
• Scotts Miracle-Gro announced a quarterly dividend of $0.66 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-23
• Scotts Miracle-Gro annual dividend for 2024 was $1.98
• Scotts Miracle-Gro annual dividend for 2023 was $2.64
• Scotts Miracle-Gro's trailing twelve-month (TTM) dividend yield is 2.88%
• Scotts Miracle-Gro's payout ratio for the trailing twelve months (TTM) is -58.16%
• Scotts Miracle-Gro's dividend growth over the last five years (2018-2023) was 4.10% year
• Scotts Miracle-Gro's dividend growth over the last ten years (2013-2023) was 5.64% year
Scotts Miracle-Gro Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-23 | $0.66 | quarterly | 2024-09-06 |
| 2024-05-23 | $0.66 | quarterly | 2024-06-07 |
| 2024-02-22 | $0.66 | quarterly | 2024-03-08 |
| 2023-11-24 | $0.66 | quarterly | 2023-12-08 |
| 2023-08-24 | $0.66 | quarterly | 2023-09-08 |
| 2023-05-25 | $0.66 | quarterly | 2023-06-09 |
| 2023-02-23 | $0.66 | quarterly | 2023-03-10 |
| 2022-11-25 | $0.66 | quarterly | 2022-12-09 |
| 2022-08-25 | $0.66 | quarterly | 2022-09-09 |
| 2022-05-26 | $0.66 | quarterly | 2022-06-10 |
| 2022-02-23 | $0.66 | quarterly | 2022-03-10 |
| 2021-11-26 | $0.66 | quarterly | 2021-12-10 |
| 2021-08-26 | $0.66 | quarterly | 2021-09-10 |
| 2021-05-26 | $0.62 | quarterly | 2021-06-10 |
| 2021-02-23 | $0.62 | quarterly | 2021-03-10 |
| 2020-11-27 | $0.62 | quarterly | 2020-12-10 |
| 2020-08-26 | $5.00 | quarterly | 2020-09-10 |
| 2020-05-26 | $0.58 | quarterly | 2020-06-10 |
| 2020-02-24 | $0.58 | quarterly | 2020-03-10 |
| 2019-11-25 | $0.58 | quarterly | 2019-12-10 |
| 2019-08-26 | $0.58 | quarterly | 2019-09-10 |
| 2019-05-24 | $0.55 | quarterly | 2019-06-10 |
| 2019-02-21 | $0.55 | quarterly | 2019-03-08 |
| 2018-11-23 | $0.55 | quarterly | 2018-12-10 |
| 2018-08-24 | $0.55 | quarterly | 2018-09-10 |
| 2018-05-24 | $0.53 | quarterly | 2018-06-08 |
| 2018-02-22 | $0.53 | quarterly | 2018-03-09 |
| 2017-11-22 | $0.53 | quarterly | 2017-12-08 |
| 2017-08-23 | $0.53 | quarterly | 2017-09-08 |
| 2017-05-24 | $0.50 | quarterly | 2017-06-09 |
| 2017-02-22 | $0.50 | quarterly | 2017-03-10 |
| 2016-11-22 | $0.50 | quarterly | 2016-12-09 |
| 2016-08-24 | $0.50 | quarterly | 2016-09-09 |
| 2016-05-25 | $0.47 | quarterly | 2016-06-10 |
| 2016-02-23 | $0.47 | quarterly | 2016-03-10 |
| 2015-11-23 | $0.47 | quarterly | 2015-12-10 |
| 2015-08-25 | $0.47 | quarterly | 2015-09-10 |
| 2015-05-22 | $0.45 | quarterly | 2015-06-10 |
| 2015-02-20 | $0.45 | quarterly | 2015-03-10 |
| 2014-11-24 | $0.45 | quarterly | 2014-12-10 |
| 2014-08-29 | $2.00 | quarterly | 2014-09-10 |
| 2014-08-25 | $0.45 | quarterly | |
| 2014-05-22 | $0.44 | quarterly | 2014-06-10 |
| 2014-02-20 | $0.44 | quarterly | 2014-03-10 |
| 2013-11-22 | $0.44 | quarterly | 2013-12-10 |
| 2013-08-23 | $0.44 | quarterly | 2013-09-10 |
| 2013-05-23 | $0.33 | quarterly | 2013-06-10 |
| 2013-02-20 | $0.33 | quarterly | 2013-03-08 |
Scotts Miracle-Gro Dividend per year
Scotts Miracle-Gro Dividend growth
Scotts Miracle-Gro Dividend Yield
Scotts Miracle-Gro current trailing twelve-month (TTM) dividend yield is 2.88%. Interested in purchasing Scotts Miracle-Gro stock? Use our calculator to estimate your expected dividend yield:
Scotts Miracle-Gro Financial Ratios
P/E ratio-20.05
PEG ratio-1.06
P/B ratio-35.57
ROE98.80%
Payout ratio-58.16%
Current ratio1.80
Quick ratio1.09
Cash Ratio0.33
Scotts Miracle-Gro Dividend FAQ
How much is the next Scotts Miracle-Gro dividend?
Scotts Miracle-Gro's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Scotts Miracle-Gro dividend. The next Scotts Miracle-Gro dividend will be released in February, May, August, or November.
When is Scotts Miracle-Gro dividend paid?
Scotts Miracle-Gro pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Scotts Miracle-Gro pay?
The specific amount of Scotts Miracle-Gro dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Scotts Miracle-Gro's dividend history.
Does Scotts Miracle-Gro stock pay dividends?
Yes, Scotts Miracle-Gro does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Scotts Miracle-Gro's dividend history.
How much dividend does Scotts Miracle-Gro pay?
Scotts Miracle-Gro paid $1.98 in 2024, $2.64 in 2023, $2.64 in 2022, $2.56 in 2021, and $6.78 in 2020.
How often does Scotts Miracle-Gro pay dividends?
Scotts Miracle-Gro typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Scotts Miracle-Gro's dividend yield?
The current dividend yield for Scotts Miracle-Gro is 2.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Scotts Miracle-Gro's exact dividend yield.
When does Scotts Miracle-Gro go ex dividend?
Scotts Miracle-Gro's ex-dividend date for the latest dividend was on 2024-08-23. Scotts Miracle-Gro typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Scotts Miracle-Gro dividend paid?
Scotts Miracle-Gro pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Scotts Miracle-Gro increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Scotts Miracle-Gro will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Scotts Miracle-Gro dividend per share?
Scotts Miracle-Gro paid $1.98 per share in 2024 and $2.64 per share in 2023. The amount of dividend per share that Scotts Miracle-Gro pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Scotts Miracle-Gro a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Scotts Miracle-Gro a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Scotts Miracle-Gro a dividend stock?
Yes, Scotts Miracle-Gro is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Scotts Miracle-Gro a good dividend stock?
Whether Scotts Miracle-Gro is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Scotts Miracle-Gro has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Scotts Miracle-Gro as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Scotts Miracle-Gro as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Scotts Miracle-Gro pay dividends monthly?
Scotts Miracle-Gro typically pays dividends on a quarterly basis.
Does Scotts Miracle-Gro pay dividends quarterly?
Scotts Miracle-Gro currently pays dividends on a quarterly basis.
Has Scotts Miracle-Gro ever paid a dividend?
Yes, Scotts Miracle-Gro has a history of paying dividends to its shareholders. Scotts Miracle-Gro is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Scotts Miracle-Gro dividend stocks?
To buy Scotts Miracle-Gro you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Scotts Miracle-Gro stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Scotts Miracle-Gro stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Scotts Miracle-Gro pay dividends 2024?
Scotts Miracle-Gro pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Scotts Miracle-Gro increase its dividend in 2024?
Decisions regarding Scotts Miracle-Gro dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Scotts Miracle-Gro dividend overview you can look into the above table of dividend history.
How Scotts Miracle-Gro dividend works?
The Scotts Miracle-Gro dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Scotts Miracle-Gro's dividend process works:
1. Determination of Dividend: Scotts Miracle-Gro's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scotts Miracle-Gro publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scotts Miracle-Gro distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scotts Miracle-Gro are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Scotts Miracle-Gro's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scotts Miracle-Gro publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scotts Miracle-Gro distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scotts Miracle-Gro are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Scotts Miracle-Gro dividends paid?
Scotts Miracle-Gro dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Scotts Miracle-Gro sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scotts Miracle-Gro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scotts Miracle-Gro declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Scotts Miracle-Gro sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scotts Miracle-Gro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scotts Miracle-Gro declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Scotts Miracle-Gro pay dividends?
Scotts Miracle-Gro typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Scotts Miracle-Gro pay dividends?
The general pattern is that Scotts Miracle-Gro pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Scotts Miracle-Gro dividend safe?
The safety of Scotts Miracle-Gro's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Scotts Miracle-Gro's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scotts Miracle-Gro's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Scotts Miracle-Gro's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scotts Miracle-Gro's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.