Scotts Miracle-Gro Stock To Go Ex-dividend Tomorrow (SMG) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

Scotts Miracle-Gro Company

(NYSE:

SMG

) is tomorrow, May 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $56.95 as of 9:31 a.m. ET, the dividend yield is 1.7%.

The average volume for Scotts Miracle-Gro has been 518,200 shares per day over the past 30 days. Scotts Miracle-Gro has a market cap of $3.7 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 12% year to date as of the close of trading on Monday.

The Company Together With Its Subsidiaries Is Engaged In The Manufacture Of Lawn And Garden Care Products. The company has a P/E ratio of 14.9, below the average chemicals industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Scotts Miracle-Gro as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Scotts Miracle-Gro Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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