Back to Dividend Stocks
Scotts Miracle-Gro Co. (SMG) logo

Scotts Miracle-Gro Co.

S&P 500

SMG/Basic Materials · Agricultural Inputs/NYSE

Dividend Yield

4.21%

$2.64 · Annual Dividend

Stock Price$69.33P/E18.4MCap3.6BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

46/ 100Caution

SMG's dividend shows some areas that warrant monitoring. Strengths include a 40.6% fcf payout ratio & 46.6% cfo payout ratio. Areas of concern: 2.7x interest coverage & 85.5% net debt / total assets.

Based on 15 of 15 metrics

Strengths

  • Operating Margin: 27.7%Healthy operating margin provides a wide buffer.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Net Debt / Total Assets: 85.5%Net debt is high relative to total assets.
  • Debt-to-Equity: -9.3Debt-to-equity is elevated for the sector.
  • Return on Equity: -40.6%Return on equity is below industry norms.

Payout & Coverage

Caution

Balance Sheet

Warning

Profitability

Caution
-40.6%Danger
27.7%Very Safe
41.8%Safe

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
UnstableDanger

About Scotts Miracle-Gro Co.

Scotts Miracle-Gro Co. is a leading manufacturer and seller of consumer lawn, garden, and pest control products. The company's primary function is to provide a wide array of goods designed to enhance plant growth and maintain gardens, thereby catering to both amateur home gardeners and professional landscapers. Scotts Miracle-Gro Co. significantly impacts the agricultural and home improvement sectors, offering products that include fertilizers, plant food, potting soil, and weed control solutions. Additionally, the company has a robust presence in the hydroponics sector through its subsidiary, Hawthorne Gardening Company, which caters to the fast-growing cannabis and controlled-environment agriculture markets. Founded in 1868 and headquartered in Marysville, Ohio, Scotts Miracle-Gro Co. plays a crucial role in promoting sustainable gardening practices and innovation in plant health and nutrition.

Dividend Overview

Dividend Yield

4.21%

Annual Dividend

$2.64

Frequency

Quarterly

Payout Ratio

75.86%

FCF Payout Ratio

40.58%

52-Week Range

$52.00 - $72.35

Dividend History (2016–2025)

SMG annual dividend per share and yield history

Earnings & Profitability

SMG earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 22, 2026

Last Payment Date

June 5, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

1.92%

10-Year Dividend CAGR

3.68%

3-Year Total Growth

0.00%

5-Year Total Growth

10.00%

10-Year Total Growth

43.48%

Income Calculator

SMG Dividend Calculator

Total Investment

$6,933.00

Annual Income

$264.00

Quarterly Income

$66.00

Monthly Income

$22.00

Frequently Asked Questions

What is SMG's current dividend yield?
Scotts Miracle-Gro Co. (SMG) currently has a dividend yield of 4.21%, based on a stock price of $69.33 and an annual dividend of $2.64.
When is SMG's next dividend payment date?
SMG's next ex-dividend date is 2026-05-22 and the next payment date is 2026-06-05. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SMG pay in dividends per year?
Scotts Miracle-Gro Co. paid $2.64 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SMG been increasing its dividend?
Scotts Miracle-Gro Co. has grown its dividend at a 5-year CAGR of 1.92% and a 10-year CAGR of 3.68%.
Is SMG's dividend safe?
Scotts Miracle-Gro Co. has a payout ratio of 75.86%. Its free cash flow payout ratio is 40.58%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is SMG's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Scotts Miracle-Gro Co.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for basic materials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track SMG Dividends with OnlyDividends

What will SMG actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

Download the App

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.