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%.
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.
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%.
| 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 |
| 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% |
Yes, Scotts Miracle-Gro has been paying dividends for the last 17 years.
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.
Scotts Miracle-Gro's last dividend ex-date was on Aug 25, 2022. The dividend amount was $0.66 per share.
SMG's annualized dividend per share is $2.64.
Currently Scotts Miracle-Gro's dividend yield is 6.04%.
Scotts Miracle-Gro pays dividends quarterly.
Scotts Miracle-Gro's dividend yield is more than the Basic Materials sector average.