Superior Group of Companies, Inc. (SGC) to Issue Quarterly Dividend of $0.14 on November 28th

Superior Group of Companies, Inc. (NASDAQ:SGC) declared a quarterly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be given a dividend of 0.14 per share by the textile maker on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, November 14th.

Superior Group of Companies has increased its dividend by an average of 0.1%annually over the last three years. Superior Group of Companies has a dividend payout ratio of 67.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Superior Group of Companies to earn $0.97 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 57.7%.

Superior Group of Companies Stock Performance

Shares of SGC stock opened at $9.17 on Wednesday. The company’s fifty day moving average price is $10.97 and its 200-day moving average price is $10.76. The stock has a market cap of $146.43 million, a PE ratio of 17.98, a price-to-earnings-growth ratio of 2.36 and a beta of 1.40. The company has a current ratio of 2.71, a quick ratio of 1.70 and a debt-to-equity ratio of 0.49. Superior Group of Companies has a 12 month low of $8.82 and a 12 month high of $18.48.

Superior Group of Companies (NASDAQ:SGC) last issued its quarterly earnings results on Monday, November 3rd. The textile maker reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.04). Superior Group of Companies had a net margin of 1.44% and a return on equity of 4.22%. The business had revenue of $138.47 million for the quarter, compared to analysts’ expectations of $144.49 million. Superior Group of Companies has set its FY 2025 guidance at EPS. On average, equities analysts expect that Superior Group of Companies will post 0.77 EPS for the current fiscal year.

Superior Group of Companies Company Profile

Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products, and branded uniform to chain retailer, food service, entertainment, technology, transportation, and other industries under BAMKO and HPI brands.