Scotts Miracle-Gro Company Declares Cash Dividend of $0.66 per Share

Scotts Miracle-Gro announces a cash dividend of $0.66 per share, payable March 6, 2026.

Quiver AI Summary

The Scotts Miracle-Gro Company announced that its Board of Directors has approved a cash dividend of $0.66 per share, which will be payable on March 6, 2026, to shareholders recorded by February 20, 2026. As a leading marketer of consumer lawn and garden products in North America, ScottsMiracle-Gro reported approximately $3.4 billion in sales, with well-known brands such as Scotts, Miracle-Gro, Ortho, and Tomcat dominating their respective market categories. For further details, investors and media representatives can contact the company directly.

Potential Positives

The Scotts Miracle-Gro Company is rewarding its shareholders with a cash dividend of $0.66 per share, enhancing shareholder value.
The announcement reflects the company's strong financial position, given its significant sales figure of approximately $3.4 billion.
Payment of the dividend is a positive indicator of the company’s commitment to returning capital to shareholders.

Potential Negatives

The announcement of a dividend could signal to investors that the company has limited options for reinvestment, which may suggest a lack of growth opportunities.
Paying a cash dividend during uncertain market conditions could cause concerns about the company's liquidity and financial health.

FAQ

What is the dividend amount announced by Scotts Miracle-Gro?

The announced cash dividend is $0.66 per share.

When will the Scotts Miracle-Gro dividend be paid?

The dividend will be payable on March 6, 2026.

What is the record date for the Scotts Miracle-Gro dividend?

The record date for the dividend is February 20, 2026.

Who can I contact for investor inquiries at Scotts Miracle-Gro?

For investor inquiries, contact Brad Chelton at [email protected] or call (937) 309-2503.

Where can I find more information about Scotts Miracle-Gro?

Additional information is available on their 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 Revenue

$SMG had revenues of $387.4M in Q4 2025. This is a decrease of -6.58% from the same period in the prior year.

You can track SMG financials on Quiver Quantitative's SMG stock page.

$SMG Hedge Fund Activity

We have seen 205 institutional investors add shares of $SMG stock to their portfolio, and 233 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 946,216 shares (-59.6%) from their portfolio in Q3 2025, for an estimated $53,887,001
INTERVAL PARTNERS, LP removed 844,424 shares (-65.6%) from their portfolio in Q3 2025, for an estimated $48,089,946
BRANDES INVESTMENT PARTNERS, LP removed 444,569 shares (-73.6%) from their portfolio in Q3 2025, for an estimated $25,318,204
BALYASNY ASSET MANAGEMENT L.P. added 441,337 shares (+inf%) to their portfolio in Q3 2025, for an estimated $25,134,142
ALYESKA INVESTMENT GROUP, L.P. removed 392,119 shares (-49.0%) from their portfolio in Q3 2025, for an estimated $22,331,177
MILLENNIUM MANAGEMENT LLC removed 351,991 shares (-35.1%) from their portfolio in Q3 2025, for an estimated $20,045,887
AQR CAPITAL MANAGEMENT LLC removed 315,719 shares (-38.4%) from their portfolio in Q3 2025, for an estimated $17,980,197

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:

Stifel issued a "Buy" rating on 11/06/2025
Wells Fargo issued a "Overweight" rating on 09/25/2025

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 $66.0 on 01/14/2026
W. Andrew Carter from Stifel set a target price of $70.0 on 11/06/2025
Jonathan Matuszewski from Jefferies set a target price of $74.0 on 11/05/2025
Chris Carey from Wells Fargo set a target price of $67.0 on 09/25/2025

Full Release

MARYSVILLE, Ohio, Jan. 26, 2026 (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, March 6, 2026, to shareholders of record as of Friday, February 20, 2026.

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