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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) 5-Year Dividend Growth Rate

: 4.70% (As of Dec. 2023)
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The Scotts Miracle Gro Co's Dividends per Share for the three months ended in Dec. 2023 was $0.66.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Scotts Miracle Gro Co was 58.70% per year. The lowest was 3.80% per year. And the median was 7.70% per year.

The Scotts Miracle Gro Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, The Scotts Miracle Gro Co's Dividend Yield % is 3.86%.

Warning Sign:

The Scotts Miracle Gro Co stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Scotts Miracle Gro Co 5-Year Dividend Growth Rate Distribution

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's 5-Year Dividend Growth Rate falls into.



The Scotts Miracle Gro Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Scotts Miracle Gro Co  (NYSE:SMG) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Scotts Miracle Gro Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.66/ -1.508
=N/A

During the past 13 years, the highest Dividend Payout Ratio of The Scotts Miracle Gro Co was 2.18. The lowest was 0.27. And the median was 0.55.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Scotts Miracle Gro Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6602024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.6602023-11-242023-11-272023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.6602023-08-242023-08-252023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.6602023-05-252023-05-262023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Scotts Miracle Gro Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.64/67.96
=3.88 %

Current Share Price is $67.96.
The Scotts Miracle Gro Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.64.

During the past 13 years, the highest Dividend Yield of The Scotts Miracle Gro Co was 6.43%. The lowest was 0.98%. And the median was 2.54%.

Warning Sign:

The Scotts Miracle Gro Co stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Scotts Miracle Gro Co 5-Year Dividend Growth Rate Related Terms

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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Business Description

Traded in Other Exchanges
Address
14111 Scottslawn Road, Marysville, OH, USA, 43041
Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.
Executives
Nancy G. Mistretta director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Kelly Thomas N Jr director C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Hagedorn Partnerships L P 10 percent owner SCOTTS MIRACLE-GRO PRODUCTS INC, 800 PORT WASHINGTON BLVD, PORT WASHINGTON NY 11050
James Hagedorn director, 10 percent owner, officer: President and CEO C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Julie Demuesy officer: SVP, CHIEF HUMAN RESOURCES 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Mark D Kingdon director 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Stephen L Johnson director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Edith Aviles director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Dimiter Todorov officer: EVP, GC & CORPORATE SECRETARY 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Matthew E Garth officer: EVP & CFO 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
David C Evans officer: EVP and CFO C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Peter E Shumlin director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James D King officer: EVP and CCO 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Gerald Volas director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603