Scotts Miracle-Gro Co. (SMG) Dividend Details and dates on New York Stock Exchange

Scotts Miracle-Gro Co. Dividend Stock Review

New York Stock Exchange

Scotts Miracle-Gro Co. (SMG) Dividend Details and dates on New York Stock Exchange

Scotts Miracle-Gro Co. Scotts Miracle-Gro Co. engages in the manufacture, marketing, and distribution of systems and accessories for hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden business. The Hawthorn segment includes indoor, urban, and hydroponic gardening business. The Other segment refers to the consumer lawn and garden business in geographies other than the U.S. and product sales to commercial nurseries, greenhouses, and other professional customers. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.
Sector: Process Industries Chemicals: Agricultural

Dividend income advisory for SMG
Dividend Yield for SMG
The expected yield for SMG is 2.43 %, this seems a healthy dividend return and if Scotts Miracle-Gro Co. is also cheaply priced, and has a low debt to equity ratio and if Scotts Miracle-Gro Co. makes a good profit.

How is SMG priced
SMG has a trailing price to earnings ratio (P/E) of 19.9. The ratio is determined by the performance in the last 12 months. The P/E ratio is smaller than 20, which we consider a healthly ratio.

Debt to equity of SMG
With the Debt To Equity rate of SMG (5.69) we can conclude that Scotts Miracle-Gro Co. has more external liabilities than equity provided by shareholders. The company is leveraging it's investments with external cash. This can result in more returns but comes at a higher risk.

Price Prediction for SMG
On average analists predict that SMG will be correctly priced after a 11%. change. We can expect some long term capital gains.

Upcoming Dividends for SMG
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-04-29 2019-05-24 2019-06-10 2019-05-28 0.55 USD Quarterly

Dividends in past 12 months SMG
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-01-25 2019-02-21 2019-03-08 2019-02-22 0.55 USD Quarterly
2018-11-07 2018-11-23 2018-12-10 2018-11-26 0.55 USD Quarterly
2018-08-06 2018-08-24 2018-09-10 2018-08-27 0.55 USD Quarterly
2018-04-30 2018-05-24 2018-06-08 2018-05-25 0.53 USD Quarterly

Historical Dividends & Cap Growth for SMG
Past 5 Year Capital Gains 44.99 %
Dividend yield 20.63 %
Growth including dividends 65.62%
Latest news for SMG

2019-05-12 The Week In Cannabis: A&F Tries CBD, GW Pharma Soars On Results, Denver Decriminalizes Mushrooms The cannabis world had an unlikely protagonist: magic mushrooms . After a popular vote, the city of Denver, Colorado, known as a legal cannabis trailblazer, approved a ballot measure to decriminalize psychedelic mushrooms at its active ingredient, psilocybin. Meanwhile, Senate Minority Leader Chuck Schumer and New York Rep. Hakeem Jeffries introduced a series of bills that would decriminalize cannabis on the federal level in both houses of Congress. These laws would also remove marijuana from the Controlled Substances Act and create a fund for record expungement programs, among other things. In the business world, an interesting development related to Abercrombie & Fitch Co. (NYSE: ANF ). The giant retailer and Green Growth Brands Inc (OTC: GGBXF ) announced a partnership to sell GGB’s Seventh SenseBotanical Therapy CBD-infused body care products for a trial in 10 of Abercrombie’s stores throughout Massachusetts, California, Colorado and Nevada. Follow Benzinga Cannabis (@BZCannabis ) on Twitter for up-to-date news and stories on cannabis, hemp and CBD.
Original Article @ Benzinga

2019-05-05 The Week In Cannabis News: Curalef Buys Cura Partners, Canopy Buys C3, Organigram Applies For Nasdaq Listing This week, cannabis news was dominated by two big acquisitions. The largest was announced by U.S. vertically integrated multistate cannabis operator Curaleaf Holdings, Inc. (OTC: CURLF ), which said it would buy Cura Partners , owners of the Select cannabis brand, for approximately $950 million in stock. The other big transaction was announced by Canopy Growth Corp (NYSE: CGC ), which acquired the German C3 Cannabinoid Compound Company , which manufactures synthetic cannabinoids, for roughly $254 million in cash — an unusual development in the cannabis industry . "The Curaleaf deal unlocks the west coast for this east coast company," Green Market Report CEO Debra Borchardt told Benzinga. "While it may seem to be a lot of money for the Select brand, the entry into the market is the key thing." The deal means that Canopy Growth is essentially buying the European version of Marinol, she said. "What they are getting is a quick foot in the door to the German market. That's what I think these two deals are really about — opening a market door.” In other big news, Canadian cannabis producer OrganiGram Holdings Inc (OTC: OGRMF ) applied to trade on the NASDAQ exchange.
Original Article @ Benzinga

2019-05-03 Scotts Miracle-Gro (SMG) Tops Q2 Earnings & Sales Estimates Scotts Miracle-Gro's (SMG) U.S. Consumer unit witnesses double-digit growth in consumer purchases in fiscal Q2.
Original Article @ Zacks Investment Research

2019-05-02 The Scotts Miracle-Gro Co (SMG) Q2 2019 Earnings Call Transcript SMG earnings call for the period ending March 30, 2019.
Original Article @ The Motley Fool

2019-05-02 The Scotts Miracle-Gro Company (SMG) CEO Jim Hagedorn on Q2 2019 Results - Earnings Call Transcript No summary available.
Original Article @ Seeking Alpha

2019-05-01 Roundup Sellers Boost Advertising as Lawsuits Mount for Weedkiller Bayer AG and Scotts Miracle-Gro have spent millions of dollars this year on expanded marketing for the weedkiller Roundup, Scotts executives said. Thousands of people say it caused their cancer.
Original Article @ The Wall Street Journal

2019-05-01 Scotts Miracle-Gro (SMG) Q2 Earnings and Revenues Top Estimates Scotts (SMG) delivered earnings and revenue surprises of 6.43% and 2.51%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Original Article @ Zacks Investment Research

2019-05-01 Scotts Miracle-Gro Jumps Most in Decade on Pot-Supplies Rebound Scotts Miracle-Gro Co. rose the most in a decade after its Roundup herbicide and marijuana-supplies business rebounded from sales slumps, boosting earnings above expectations.
Original Article @ Bloomberg

2019-05-01 Scotts Miracle-Gro beats by $0.19, beats on revenue No summary available.
Original Article @ Seeking Alpha

2019-04-24 Scotts Miracle-Gro (SMG) Reports Next Week: Wall Street Expects Earnings Growth Scotts (SMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Original Article @ Zacks Investment Research

Dividend Stats For SMG

  • Current Dividend Yield 2.43%
  • Past Year Payout: 2.18 USD
  • Next Ex Dividend 2019-05-24
  • Next Payment: 0.55 USD
  • Our score 74 %

Related dividend stocks