A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
The Scotts Miracle-Gro Company is a leading U.S.-based lawn and garden products company operating primarily in the consumer lawn and garden, indoor gardening, and hydroponics industries. The company’s core business focuses on branded products that support home gardening, lawn care, and controlled-environment agriculture, with revenue largely driven by seasonal consumer demand. Its primary brands are widely distributed through mass merchandisers, home improvement retailers, and specialty garden centers.
The company traces its origins to 1868, when Orlando McLean Scott founded a seed business in Ohio. Over time, Scotts expanded through product innovation and acquisitions, including its landmark merger with Miracle-Gro in 1995, forming the modern Scotts Miracle-Gro Company. The company has since evolved from a traditional lawn care supplier into a diversified horticulture company with exposure to both outdoor consumer markets and indoor growing technologies.
Business Operations
Scotts Miracle-Gro operates through two primary reporting segments: U.S. Consumer and Hawthorne. The U.S. Consumer segment represents the majority of revenue and includes lawn care, garden care, and pest control products sold under flagship brands such as Scotts, Miracle-Gro, Ortho, Roundup (licensed brand), and Tomcat. Revenue in this segment is driven by product sales tied closely to weather patterns and the spring and summer growing seasons.
The Hawthorne segment focuses on indoor and hydroponic gardening solutions, serving professional and hobbyist growers through lighting, nutrients, and climate control products. This segment includes subsidiaries such as Hawthorne Gardening Company and General Hydroponics. Scotts Miracle-Gro primarily operates through owned manufacturing, distribution networks, and long-term retail partnerships, with no material joint ventures disclosed in recent public filings.
Strategic Position & Investments
The company’s strategic direction emphasizes strengthening its core U.S. Consumer business while managing volatility and restructuring within the Hawthorne segment. Growth initiatives include product innovation in sustainable and organic lawn care, supply chain optimization, and expanded digital and direct-to-consumer engagement. Management has publicly stated a focus on margin improvement, cost discipline, and debt reduction.
Scotts Miracle-Gro has made several acquisitions to broaden its portfolio, most notably the formation and expansion of Hawthorne Gardening Company through acquisitions such as General Hydroponics and Gavita. While the company has reduced investment exposure in certain cannabis-adjacent assets, it remains involved in controlled-environment agriculture technologies where permitted by regulation.
Geographic Footprint
Scotts Miracle-Gro is headquartered in Marysville, Ohio, and its operations are primarily concentrated in North America, which accounts for the vast majority of revenue. The company maintains manufacturing, distribution, and administrative facilities across the United States and Canada, supporting nationwide retail distribution.
International operations are more limited and are largely focused on branded lawn and garden products in Canada and select markets in Europe. The company does not currently report significant revenue contributions from emerging markets, and its international footprint is modest compared to its domestic presence.
Leadership & Governance
Scotts Miracle-Gro is led by a management team with long tenure in the consumer products and agricultural inputs industries. The company emphasizes brand stewardship, operational efficiency, and disciplined capital allocation as core elements of its leadership philosophy. Governance oversight is provided by an independent board of directors, with executive compensation and strategy closely tied to financial performance.
Key executives include:
James Hagedorn – Chairman and Chief Executive Officer
Mark McDonough – Chief Financial Officer
Christopher Hagedorn – President
Aaron Steiger – Chief Marketing Officer
Michelle M. Lowery – Chief Human Resources Officer
Data complied by narrative technology. May contain errors