Scotts Miracle-Gro Co. (SMG) Declares Special Dividend of $2.00
Scotts Miracle-Gro (NYSE:SMG) declared a special dividend on Tuesday, August 12th, American Banking News.com reports. Shareholders of record on Wednesday, September 3rd will be given a dividend of 2.00 per share on Wednesday, September 17th. This represents a yield of 3.16%. The ex-dividend date of this dividend is Friday, August 29th.
Shares of Scotts Miracle-Gro (NYSE:SMG) traded up 0.09% on Tuesday, hitting $56.98. The stock had a trading volume of 482,533 shares. Scotts Miracle-Gro has a 52-week low of $52.31 and a 52-week high of $63.96. The stock’s 50-day moving average is $55.27 and its 200-day moving average is $58.33. The company has a market cap of $3.488 billion and a P/E ratio of 21.98.
Scotts Miracle-Gro (NYSE:SMG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $2.34 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $2.46 earnings per share. The company’s quarterly revenue 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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