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Reminder - Scotts Miracle-Gro (SMG) Goes Ex-Dividend Soon

By Dividend Channel Staff, Wednesday, November 22, 11:10 AM ET
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On 11/24/23, Scotts Miracle-Gro Co (NYSE:SMG) will trade ex-dividend, for its quarterly dividend of $0.66, payable on 12/8/23. As a percentage of SMG's recent stock price of $55.30, this dividend works out to approximately 1.19%, so look for shares of Scotts Miracle-Gro Co to trade 1.19% lower — all else being equal — when SMG shares open for trading on 11/24/23.

Below is a dividend history chart for SMG, showing historical dividends prior to the most recent $0.66 declared by Scotts Miracle-Gro Co:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SMG is likely to continue, and whether the current estimated yield of 4.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SMG shares, versus its 200 day moving average:

Scotts Miracle-Gro Co 200 Day Moving Average Chart

Looking at the chart above, SMG's low point in its 52 week range is $43.67 per share, with $88.61 as the 52 week high point — that compares with a last trade of $55.46.


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In Wednesday trading, Scotts Miracle-Gro Co shares are currently down about 1.7% on the day.


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