Scotts Miracle-Gro declares a $0.66 cash dividend, payable December 5, 2025, to shareholders of record by November 21.
Quiver AI Summary
Scotts Miracle-Gro Company has announced a cash dividend of $0.66 per share, approved by its Board of Directors. This dividend will be paid on December 5, 2025, to shareholders who are on record by November 21, 2025. Scotts Miracle-Gro, with sales of approximately $3.4 billion, is a leading marketer of consumer lawn and garden products in North America, and its well-known brands include Scotts®, Miracle-Gro®, Ortho®, and Tomcat®. For more information, the company can be visited online at their website.
Potential Positives
- The Board of Directors approved a cash dividend of $0.66 per share, demonstrating a commitment to returning value to shareholders.
- The dividend payment is a positive indication of the company's financial health and profitability, as it is able to reward shareholders despite market conditions.
- Scotts Miracle-Gro’s recognition as the leading marketer of branded consumer lawn and garden products reinforces its strong position in a competitive industry.
- The announcement highlights the company’s solid revenue of approximately $3.4 billion, showcasing its significant market presence and brand strength.
Potential Negatives
- While the company announced a cash dividend, it may indicate that cash reserves are being utilized for dividend payments rather than for investment in growth or innovation, which could concern investors about future growth prospects.
FAQ
What is the amount of the dividend announced by Scotts Miracle-Gro?
The Scotts Miracle-Gro Company announced a cash dividend of $0.66 per share.
When is the dividend payable?
The dividend is payable on Friday, December 5, 2025.
What is the record date for the dividend payment?
The record date for the dividend payment is Friday, November 21, 2025.
What makes Scotts Miracle-Gro a leading company?
Scotts Miracle-Gro is the leading marketer of branded consumer lawn and garden products in North America.
Where can I find more information about Scotts Miracle-Gro?
For more information, visit the official website at www.scottsmiraclegro.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SMG Insider Trading Activity
$SMG insiders have traded $SMG stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $SMG stock by insiders over the last 6 months:
- PARTNERSHIP, L.P. HAGEDORN has made 0 purchases and 5 sales selling 126,633 shares for an estimated $7,928,642.
- MARK J SCHEIWER (EVP, CFO & CAO) purchased 1,790 shares for an estimated $109,762
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SMG Hedge Fund Activity
We have seen 216 institutional investors add shares of $SMG stock to their portfolio, and 252 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 1,843,649 shares (-99.0%) from their portfolio in Q2 2025, for an estimated $121,607,088
- FMR LLC added 1,560,872 shares (+5793.7%) to their portfolio in Q2 2025, for an estimated $102,955,117
- LAZARD ASSET MANAGEMENT LLC removed 1,072,373 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $70,733,723
- CAPTRUST FINANCIAL ADVISORS added 1,000,311 shares (+12034.5%) to their portfolio in Q2 2025, for an estimated $65,980,513
- J. GOLDMAN & CO LP removed 806,355 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $53,187,175
- ALYESKA INVESTMENT GROUP, L.P. added 799,744 shares (+inf%) to their portfolio in Q2 2025, for an estimated $52,751,114
- WELLS FARGO & COMPANY/MN removed 766,992 shares (-75.6%) from their portfolio in Q2 2025, for an estimated $50,590,792
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SMG Analyst Ratings
Wall Street analysts have issued reports on $SMG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 09/25/2025
- Truist Securities issued a "Buy" rating on 06/06/2025
To track analyst ratings and price targets for $SMG, check out Quiver Quantitative's $SMG forecast page.
$SMG Price Targets
Multiple analysts have issued price targets for $SMG recently. We have seen 4 analysts offer price targets for $SMG in the last 6 months, with a median target of $68.5.
Here are some recent targets:
- Peter Grom from UBS set a target price of $62.0 on 10/02/2025
- Chris Carey from Wells Fargo set a target price of $67.0 on 09/25/2025
- W. Andrew Carter from Stifel set a target price of $70.0 on 08/04/2025
- Bill Chappell from Truist Securities set a target price of $80.0 on 07/14/2025
Full Release
MARYSVILLE, Ohio, Nov. 05, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, 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, December 5, 2025, to shareholders of record as of Friday, November 21, 2025.
About ScottsMiracle-Gro
With approximately $3.4 billion in sales, the Company is the leading marketer of branded consumer lawn and garden products in North America. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands are market-leading in their categories. For additional information, visit us at www.scottsmiraclegro.com.
For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations
[email protected]
(937) 309-2503
For media inquiries:
Tom Matthews
Chief Communications Officer
[email protected]
(937) 844-3864
