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NEW YORK ( TheStreet) -- The ex-dividend date for Scotts Miracle Gro (NYSE: SMG) is tomorrow, May 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $44.71 as of 9:35 a.m. ET, the dividend yield is 2.7%. The average volume for Scotts Miracle Gro has been 565,000 shares per day over the past 30 days. Scotts Miracle Gro has a market cap of $2.73 billion and is part of the basic materials sector and chemicals industry. Shares are down 4% year to date as of the close of trading on Monday. The Scotts Miracle-Gro Company manufactures and markets lawn and garden care products worldwide. The company has a P/E ratio of 16.9, below the average chemicals industry P/E ratio of 25.2 and below the S&P 500 P/E ratio of 17.7.