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Reminder - Scotts Miracle-Gro (SMG) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel , on 8/25/14, Scotts Miracle-Gro Co (Symbol: SMG) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 9/10/14. As a percentage of SMG's recent stock price of $58.59, this dividend works out to approximately 0.77%, so look for shares of Scotts Miracle-Gro Co to trade 0.77% lower - all else being equal - when SMG shares open for trading on 8/25/14.

SMG+Dividend+History+Chart

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 3.07% 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:

Scotts Miracle-Gro Co 200 Day Moving Average Chart
Looking at the chart above, SMG's low point in its 52 week range is $52.31 per share, with $63.96 as the 52 week high point - that compares with a last trade of $58.50. According to the ETF Finder at ETF Channel, SMG makes up 4.57% of the Fertilizers/Potash ETF (Symbol: SOIL) which is trading lower by about 0.1% on the day Thursday. In Thursday trading, Scotts Miracle-Gro Co shares are currently down about 0.1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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