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Company (SMG) has announced a cash dividend of $0.66 per share, with the important dates being Jul 29, 2025, for the announcement, Aug 22, 2025, as the ex-dividend date, and Sep 5, 2025, for the dividend payment. This latest dividend reflects an increase from the average of the last ten dividends, which stood at approximately $0.581 per share. The previous dividend, paid on Jun 6, 2025, was also a cash dividend of $0.66 per share.
Recently, Scotts Miracle-Gro has been at the center of significant developments. Over the past week, reports surfaced regarding the company's request to dismiss a class action lawsuit related to missing sales targets on June 8, 2022, which saw SMG's stock drop by 8.9%, wiping out over $514 million in shareholder value. This legal maneuver aims to stabilize the company's market position and restore investor confidence.
In another development, Vestmark Advisory Solutions Inc. has reportedly increased its stock holdings in Scotts Miracle-Gro. As of late, the company’s stock has experienced fluctuations, opening at $62.22 on a recent Friday, with the 52-week range spanning from a low of $45.61 to a high of $62.17. This change in holdings indicates potential confidence among investors regarding the company’s future performance.
Additionally, analysts have been closely monitoring Scotts Miracle-Gro's earnings and revenue history. Recent data suggests that unusual items have influenced the company's profit, prompting a reevaluation of its financial health and operational strategies. This scrutiny is crucial as it could impact the company's market standing and investor relations moving forward.
In conclusion,
is navigating a period of noteworthy activities, encompassing both dividend updates and critical corporate developments. Potential investors should note that Aug 22, 2025, marks the ex-dividend date, which is the last opportunity to purchase shares and be eligible for this dividend payout. Any acquisitions made after this date will not qualify for the upcoming dividend.
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