The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
August 01 2019 - 4:05PM
The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading
marketer of branded consumer lawn and garden as well as hydroponic
growing products, announced today that its Board of Directors has
approved an increase to the Company’s quarterly dividend payment to
shareholders.
The quarterly payment will increase to $0.58 per
share. The fourth quarter dividend is payable on Tuesday, September
10, 2019 to shareholders of record as of Tuesday, August 27,
2019.
“Our business continues to perform well and the
increase in the dividend is an expression of our continued
confidence,” said Jim Hagedorn, chairman and chief executive
officer. “Whether by returning cash to shareholder or driving
growth throughout our business, we remain focused on driving
shareholder value.”
About ScottsMiracle-GroWith
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. 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.
Contact:Jim
KingExecutive Vice
PresidentInvestor Relations & Corporate
Affairs(937) 578-5622
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