Super Group (SGHC) Limited (NYSE:SGHC) to Issue $0.05 Quarterly Dividend

Super Group (SGHC) Limited (NYSE:SGHC) declared a quarterly dividend on Friday, September 4th. Investors of record on Tuesday, September 22nd will be given a dividend of 0.05 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Super Group (SGHC) has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Super Group (SGHC) to earn $0.88 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 22.7%.

Super Group (SGHC) Price Performance

Shares of NYSE:SGHC opened at $12.68 on Friday. The company has a market cap of $6.41 billion, a PE ratio of 17.53 and a beta of 1.06. Super Group has a fifty-two week low of $8.46 and a fifty-two week high of $15.86. The firm has a 50-day simple moving average of $13.85 and a 200 day simple moving average of $12.90. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.02.

Super Group (SGHC) (NYSE:SGHC) last announced its earnings results on Tuesday, August 4th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). Super Group (SGHC) had a net margin of 15.22% and a return on equity of 47.37%. The business had revenue of $684.00 million for the quarter, compared to the consensus estimate of $659.90 million. On average, sell-side analysts anticipate that Super Group will post 0.8 EPS for the current year.

About Super Group (SGHC)

Super Group (SGHC) Limited is a global online sports betting and gaming company that operates primarily through the Betway and Spin brands. Its offerings include online sports wagering, casino games, live dealer products and other digital gaming services delivered through websites and mobile platforms.

Betway is the company’s principal sports betting and online gaming brand, while Spin focuses on online casino and related gaming entertainment. Super Group serves customers in multiple regulated markets across Africa, Europe, the Americas and other international jurisdictions, with the availability of products varying according to local laws and licensing requirements.

The company was formed through the combination of the Betway and Spin businesses and became a publicly traded company on the New York Stock Exchange in 2022.