Looking at the universe of stocks we cover at Dividend Channel, on 2/23/21, Scotts Miracle-Gro Co (Symbol: SMG) will trade ex-dividend, for its quarterly dividend of $0.62, payable on 3/10/21. As a percentage of SMG's recent stock price of $233.29, this dividend works out to approximately 0.27%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SMG is likely to continue, and whether the current estimated yield of 1.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SMG shares, versus its 200 day moving average:
Looking at the chart above, SMG's low point in its 52 week range is $76.50 per share, with $250 as the 52 week high point — that compares with a last trade of $233.35.
In Friday trading, Scotts Miracle-Gro Co shares are currently up about 0.7% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.