Scotts Miracle-Gro Co. Announces Quarterly Dividend of $0.45 (SMG)
Scotts Miracle-Gro (NYSE:SMG) announced a quarterly dividend on Monday, August 11th, Analyst Ratings Network reports. Investors of record on Wednesday, August 27th will be paid a dividend of 0.45 per share on Wednesday, September 10th. This represents a $1.80 annualized dividend and a dividend yield of 3.20%.
Shares of Scotts Miracle-Gro (NYSE:SMG) traded up 1.23% on Monday, hitting $56.93. The stock had a trading volume of 292,300 shares. Scotts Miracle-Gro has a 1-year low of $52.31 and a 1-year high of $63.96. The stock has a 50-day moving average of $55.34 and a 200-day moving average of $58.39. The company has a market cap of $3.485 billion and a P/E ratio of 21.71.
Scotts Miracle-Gro (NYSE:SMG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.08. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 million. During the same quarter in the previous year, the company posted $2.46 earnings per share. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. On average, analysts predict that Scotts Miracle-Gro will post $3.24 earnings per share for the current fiscal year.
The Scotts Miracle-Gro Company, (NYSE:SMG) is a manufacturer and marketer of branded consumer lawn and gardens products.
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