Superior Group of Companies Inc (NASDAQ:SGC) announced a quarterly dividend on Friday, November 1st, Fidelity reports. Shareholders of record on Wednesday, November 13th will be paid a dividend of 0.10 per share by the textile maker on Wednesday, November 27th. This represents a $0.40 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Tuesday, November 12th.
Shares of SGC stock opened at $15.00 on Friday. The firm’s fifty day moving average price is $15.52 and its two-hundred day moving average price is $16.07. The firm has a market capitalization of $243.94 million, a P/E ratio of 12.71, a PEG ratio of 1.58 and a beta of 0.01. The company has a current ratio of 3.19, a quick ratio of 2.15 and a debt-to-equity ratio of 0.66. Superior Group of Companies has a 1 year low of $12.79 and a 1 year high of $19.39.
Superior Group of Companies (NASDAQ:SGC) last issued its earnings results on Wednesday, October 23rd. The textile maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. The company had revenue of $89.47 million during the quarter, compared to analysts’ expectations of $96.66 million. Superior Group of Companies had a net margin of 3.76% and a return on equity of 8.91%. As a group, equities research analysts forecast that Superior Group of Companies will post 0.75 EPS for the current fiscal year.
In other news, CEO Michael Benstock acquired 5,000 shares of Superior Group of Companies stock in a transaction dated Friday, August 16th. The shares were bought at an average cost of $12.93 per share, with a total value of $64,650.00. Following the purchase, the chief executive officer now owns 612,495 shares in the company, valued at approximately $7,919,560.35. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 31.00% of the company’s stock.
About Superior Group of Companies
Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment manufactures and sells a range of uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and health facilities; hotels; food service facilities; retail stores; general and special purpose industrial uses; commercial enterprises; airlines; public and private safety and security organizations; and miscellaneous service uses.
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