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SMG Scotts Miracle-Gro dividend history, payout ratio & dates

Scotts Miracle-Gro's latest quarterly dividend of $0.66 per share was on Aug 25, 2022 (ex-date). The annualized dividend distribution of $2.64 per share represents a current dividend yield of 6.04%.

Key dates

  • SMG last dividend date: Aug 25, 2022
  • SMG next dividend date: Not announced
SMG dividend stats
DPS
$2.64
Dividend yield
5.75%
Payout ratio
N/A
vs. Basic Materials sector
Dividend yield
2.17%
Payout ratio
26.9%

Dividend yield

What is Scotts Miracle-Gro current dividend yield

SMG has a dividend yield of 6.04% which is higher than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 2.17%, Scotts Miracle-Gro's dividend yield is 178% higher. Historically SMG's dividend yield has averaged at 2.1% in the last 5 years, which is less than the current one.

Dividend history

What is SMG dividend payout history and dates

Scotts Miracle-Gro has a history of paying dividends since 2005. Our records of SMG show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.8% since twelve months ago. And with the price of the stock down by 70% from a year ago, the dividend yield has an increase of 253%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 25, 2022 Sep 9, 2022 Aug 2, 2022 $0.66 normal
May 26, 2022 Jun 10, 2022 Apr 25, 2022 $0.66 normal
Feb 23, 2022 Mar 10, 2022 Jan 24, 2022 $0.66 normal
Nov 26, 2021 Dec 10, 2021 Nov 2, 2021 $0.66 normal
Aug 26, 2021 Sep 10, 2021 Jul 30, 2021 $0.66 normal
May 26, 2021 Jun 10, 2021 Apr 26, 2021 $0.62 normal
Feb 23, 2021 Mar 10, 2021 Jan 25, 2021 $0.62 normal
Nov 27, 2020 Dec 10, 2020 Nov 5, 2020 $0.62 normal
Aug 26, 2020 Sep 10, 2020 Jul 27, 2020 $5 special
Aug 26, 2020 Sep 10, 2020 Jul 27, 2020 $0.62 normal
May 26, 2020 Jun 10, 2020 Apr 27, 2020 $0.58 normal
Feb 24, 2020 Mar 10, 2020 Jan 27, 2020 $0.58 normal
Nov 25, 2019 Dec 10, 2019 Nov 5, 2019 $0.58 normal
Aug 26, 2019 Sep 10, 2019 Aug 1, 2019 $0.58 normal
May 24, 2019 Jun 10, 2019 Apr 29, 2019 $0.55 normal
Feb 21, 2019 Mar 8, 2019 Jan 25, 2019 $0.55 normal
Nov 23, 2018 Dec 10, 2018 Nov 7, 2018 $0.55 normal
Aug 24, 2018 Sep 10, 2018 Aug 6, 2018 $0.55 normal
May 24, 2018 Jun 8, 2018 Apr 30, 2018 $0.53 normal
Feb 22, 2018 Mar 9, 2018 Jan 26, 2018 $0.53 normal
Nov 22, 2017 Dec 8, 2017 Nov 2, 2017 $0.53 normal
Aug 23, 2017 Sep 8, 2017 Aug 1, 2017 $0.53 normal
May 24, 2017 Jun 9, 2017 May 1, 2017 $0.5 normal
Feb 22, 2017 Mar 10, 2017 Jan 27, 2017 $0.5 normal
Nov 22, 2016 Dec 9, 2016 Nov 10, 2016 $0.5 normal
Aug 24, 2016 Sep 9, 2016 Aug 3, 2016 $0.5 normal
May 25, 2016 Jun 10, 2016 Apr 29, 2016 $0.47 normal

Scotts Miracle-Gro dividend payouts

Total amount of dividends paid per financial year (from cash flow)

SMG dividend vs peer dividends

How does SMG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SMG Scotts Miracle-Gro Co 5.75% $2.64 N/A
SPB Spectrum Brands Holdings Inc 3.96% $1.68 65.6%
CF CF Industries Holdings Inc 1.33% $1.4 11.4%

Frequently asked questions

Does Scotts Miracle-Gro pay a dividend?

Yes, Scotts Miracle-Gro has been paying dividends for the last 17 years.

When is Scotts Miracle-Gro's next dividend?

At this point we don't have a record of SMG's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was SMG's last dividend?

Scotts Miracle-Gro's last dividend ex-date was on Aug 25, 2022. The dividend amount was $0.66 per share.

How much dividend does Scotts Miracle-Gro pay (per share)?

SMG's annualized dividend per share is $2.64.

What is Scotts Miracle-Gro's dividend yield?

Currently Scotts Miracle-Gro's dividend yield is 6.04%.

How often does Scotts Miracle-Gro pay dividends?

Scotts Miracle-Gro pays dividends quarterly.

Does Scotts Miracle-Gro pay a good dividend?

Scotts Miracle-Gro's dividend yield is more than the Basic Materials sector average.