Ex-div recall for Scotts Miracle-Gro (SMG)

Looking at the universe of stocks we cover on Dividend Channel, on 11/22/24, Scotts Miracle-Gro Co (Ticker: SMG) trades ex-dividend, versus its quarterly dividend of $0.66, payable on 06/ 12/24. As a percentage of SMG’s recent stock price of $74.66, that dividend equates to about 0.88%, so expect Scotts Miracle-Gro Co shares to trade down 0.88 % – all things being equal – when SMG shares open for trading on 11/11. 22/24.

In general, dividends are not always predictable; but review of the above history can help judge whether SMG’s most recent dividend is likely to continue and whether the current estimated yield of 3.54% on an annualized basis constitutes a reasonable expectation of annual return in the future. The chart below shows SMG stock’s one-year performance, relative to its 200-day moving average:

Looking at the chart above, SMG’s low point in its 52-week range is $53.43 per share, with $93.90 as its 52-week high point – compare to a last trade of 74.89 $.

In Wednesday trading, shares of Scotts Miracle-Gro Co are currently down about 0.2% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.