NEW YORK (

TheStreet

) -- The ex-dividend date for

Scotts Miracle Gro

(NYSE:

SMG

) is tomorrow, February 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $49.24 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Scotts Miracle Gro has been 579,100 shares per day over the past 30 days. Scotts Miracle Gro has a market cap of $2.9 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 5% year to date as of the close of trading on Friday.

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 17.4, below the average chemicals industry P/E ratio of 18.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Scotts Miracle Gro as a

hold

. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management. You can view the full

Scotts Miracle Gro Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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