NEW YORK (

TheStreet

) -- The ex-dividend date for

The Scotts Miracle Gro

(NYSE:

SMG

) is tomorrow, August 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $45.32 as of 10:31 a.m. ET, the dividend yield is 2.7%.

The average volume for The Scotts Miracle Gro has been 910,600 shares per day over the past 30 days. The Scotts Miracle Gro has a market cap of $2.8 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are down 11.6% year to date as of the close of trading on Monday.

TheStreet Recommends

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 17.3, above the average chemicals industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates The Scotts Miracle Gro as a

buy

. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

The Scotts Miracle Gro Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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