The Scotts Miracle-Gro Company (SMG) Dividend History
Income profile from 2005 to 2026 with payout safety and yield-on-cost trend
SMG Dividend Income Check
Safety
1.1% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.3% and trend is falling.
SMG Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
SMG Income Growth Story
Dividend per share and yield on cost over time (22 years of payments)
SMG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
The Scotts Miracle-Gro Company distributes 1.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 42.6%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
SMG does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of -18.6%.
Total Shareholder Returns
Beyond cash dividends, SMG returns capital through share repurchases. The combined picture: 4.2% dividend yield, 0.5% buyback yield, 4.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.3% and is currently falling. The 5-year total return is -68.4%, with dividends contributing 5.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $13,491 today.
SMG Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 22, 2026Latest | $0.6600 | — | 4.29% | Jun 5, 2026 |
| Feb 20, 2026 | $0.6600 | — | 3.77% | Mar 6, 2026 |
| Nov 21, 2025 | $0.6600 | — | 4.94% | Dec 5, 2025 |
| Aug 22, 2025 | $0.6600 | — | 4.16% | Sep 5, 2025 |
| May 23, 2025 | $0.6600 | — | 4.44% | Jun 6, 2025 |
| Feb 21, 2025 | $0.6600 | — | 4.37% | Mar 7, 2025 |
| Nov 22, 2024 | $0.6600 | — | 3.39% | Dec 6, 2024 |
| Aug 23, 2024 | $0.6600 | — | 3.68% | Sep 6, 2024 |
SMG Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $3.6B | 4.2% | 1.1% | 0 | Sustainable |
| $2.0B | 2.2% | 48.2% | 1 | Sustainable | |
| $2.3B | 1.2% | 28.1% | 23 | Sustainable | |
| $178.7B | 2.9% | 66.5% | 15 | Watch | |
3rd | $7.3B | 3.1% | 99.1% | 0 | At Risk |
| $35.5B | 3.0% | 46.8% | 8 | Sustainable | |
2nd | $7.5B | 4.0% | 22.9% | 1 | Sustainable |
| $18.4B | 1.7% | 22.4% | 0 | Sustainable |
SMG Annual Dividend History (1990–2026)
37 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.32 | — | 2 | — | — | — | 0.7% |
| 2025 | $2.64 | 0.0% | 4 | $2.47 | 106.9% | 0.94x | 1.3% |
| 2024 | $2.64 | 0.0% | 4 | $-0.61 | — | — | 1.3% |
| 2023 | $2.64 | 0.0% | 4 | $-6.79 | — | — | 1.3% |
| 2022 | $2.64 | 3.1% | 4 | $-7.88 | — | — | 1.3% |
| 2021 | $2.56 | -65.4% | 4 | $8.96 | 28.6% | 3.50x | 1.3% |
| 2020 | $7.40 | 227.4% | 4 | $6.81 | 108.7% | 0.92x | 3.7% |
| 2019 | $2.26 | 4.6% | 4 | $8.18 | 27.6% | 3.62x | 1.1% |
| 2018 | $2.16 | 4.9% | 4 | $1.12 | 192.9% | 0.52x | 1.1% |
| 2017 | $2.06 | 6.2% | 4 | $3.63 | 56.7% | 1.76x | 1.0% |
See SMG's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonSMG — Frequently Asked Questions
Quick answers to the most common questions about buying SMG stock.
How much dividend does SMG pay per share?
The Scotts Miracle-Gro Company (SMG) pays a trailing 12-month dividend of $2.63 per share, with a current dividend yield of +4.2%. Payments are made Semi-Annual.
When is SMG's next ex-dividend date?
SMG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SMG typically pays dividends Semi-Annual.
Is SMG's dividend safe?
SMG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.1% and FCF payout ratio of +42.6%. The dividend history does not yet show a prolonged growth streak.
How many years has SMG increased its dividend?
SMG has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -18.6%.
How often does SMG pay dividends?
The Scotts Miracle-Gro Company pays dividends Semi-Annual. The trailing 12-month total is $2.63 per share. Dividend data on this page covers 21+ years from 2005 to 2026.
How much would $10,000 invested in SMG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SMG five years ago would be worth approximately $3,161 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SMG's yield on cost for long-term holders?
SMG's yield on cost — the current dividend divided by the original purchase price — is +1.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.2% market yield, thanks to the lower original cost basis.