Scotts Miracle-Gro Company’s Board of Directors has approved the payment of a cash dividend of $0.55 per share.
MARYSVILLE, Ohio, April 29, 2019 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s leading marketers of branded consumer lawn and garden products, announced that its Board of Directors has approved the payment of a cash dividend of $0.55 per share. The first quarter dividend is payable on Monday, June 10, 2019 to shareholders of record as of Tuesday, May 28, 2019.
With approximately $2.6 billion in sales, the Company is one of the world’s largest marketers of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in the U.S. and certain other countries by Scotts and owned by Monsanto. We maintain a minority interest in Bonnie Plants®, the largest marketer of edible gardening plants in retail channels.
The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used in the hydroponic growing segment.
For additional information, visit us at www.scottsmiraclegro.com.
Senior Vice President
Investor Relations & Corporate Affairs