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OFFON

THE SCOTTS MIRACLE-GRO COMPANY

(SMG)
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The Scotts Miracle-Gro Company : Announces Quarterly Dividend Payment

07/30/2021 | 04:00pm EDT

MARYSVILLE, Ohio, July 30, 2021 (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 an increase to the Company’s quarterly dividend payment to $0.66 per share. The fourth quarter dividend is payable on Friday, September 10, 2021, to shareholders of record as of Friday, August 27, 2021.

About ScottsMiracle-Gro
With approximately $4.1 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 indoor and hydroponic growing segment. For additional information, visit us at www.scottsmiraclegro.com.

Contact:
Jim King
Executive Vice President
Investor Relations & Corporate Affairs
(937) 578-5622


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Source: Scotts Miracle-Gro Company (The)

2021 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2021 4 879 M - -
Net income 2021 517 M - -
Net Debt 2021 1 670 M - -
P/E ratio 2021 15,9x
Yield 2021 2,59%
Capitalization 8 119 M 8 119 M -
EV / Sales 2021 2,01x
EV / Sales 2022 1,97x
Nbr of Employees 5 932
Free-Float 59,9%
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Mean consensus BUY
Number of Analysts 10
Last Close Price 145,50 $
Average target price 215,25 $
Spread / Average Target 47,9%
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Managers and Directors
James Hagedorn Chairman & Chief Executive Officer
Michael C. Lukemire President & Chief Operating Officer
Cory J. Miller Chief Financial Officer & Executive Vice President
Dave Swihart Head-Global Technology & Operations
Mark Slavens Head-Research & Development
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