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

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.

TheStreet Ratings rates Scotts Miracle Gro as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Scotts Miracle Gro Ratings Report.

See our dividend calendar or top-yielding stocks list.
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