GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Scotts Miracle Gro Co (NYSE:SMG) » Definitions » Dividend Yield %

The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Dividend Yield %

: 3.94% (As of Today)
View and export this data going back to 1992. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of The Scotts Miracle Gro Co is 3.94%.

Warning Sign:

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

The historical rank and industry rank for The Scotts Miracle Gro Co's Dividend Yield % or its related term are showing as below:

SMG' s Dividend Yield % Range Over the Past 10 Years
Min: 0.98   Med: 2.54   Max: 6.43
Current: 3.94

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%.

SMG's Dividend Yield % is ranked better than
59.75% of 159 companies
in the Agriculture industry
Industry Median: 2.83 vs SMG: 3.94

The Scotts Miracle Gro Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

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.

As of today (2024-04-19), the Forward Dividend Yield % of The Scotts Miracle Gro Co is 3.94%.

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.

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 growth rate is calculated with least square regression.

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


The Scotts Miracle Gro Co Dividend Yield % Historical Data

The historical data trend for The Scotts Miracle Gro Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2.19 [6] => 1.54 [7] => 1.72 [8] => 6.18 [9] => 5.11 )
The Scotts Miracle Gro Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.19 1.54 1.72 6.18 5.11

The Scotts Miracle Gro Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.43 3.79 4.21 5.11 4.14

Competitive Comparison

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Dividend Yield % falls into.



The Scotts Miracle Gro Co Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.64/66.74
=3.96 %

Current Share Price is $66.74.
The Scotts Miracle Gro Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.64.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.64/66.74
=3.96 %

Current Share Price is $66.74.
The Scotts Miracle Gro Co's Dividends per Share for the forward twelve months is calculated as $0.66 * 4 = $2.64.

* 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  (NYSE:SMG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


The Scotts Miracle Gro Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of The Scotts Miracle Gro Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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