Superior Group of Companies, Inc. (NASDAQ:SGC) Announces $0.14 Quarterly Dividend

Key Points

• $0.14 quarterly dividend declared, payable May 29 to shareholders of record on May 15 (ex-dividend May 15), implying an annualized yield of about 4.9%.
• The dividend is currently covered (a 67.5% payout ratio) and analysts' forecasts imply a future payout ratio near 62%, indicating the company should be able to continue funding the payout.
• Superior beat the quarter with $0.06 EPS versus a $0.02 estimate and $140.9M revenue, issued FY2026 EPS guidance of $0.54–$0.66, and its shares trade around $11.54 (market cap ≈ $181M, P/E ≈ 25).

Superior Group of Companies, Inc. (NASDAQ:SGC - Get Free Report) announced a quarterly dividend on Monday, May 4th. Shareholders of record on Friday, May 15th will be given a dividend of 0.14 per share by the textile maker on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Friday, May 15th.

Superior Group of Companies has increased its dividend payment by an average of 0.1%annually over the last three years. Superior Group of Companies has a payout ratio of 67.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Superior Group of Companies to earn $0.90 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 62.2%.

Superior Group of Companies Trading Up 0.2%

SGC traded up $0.02 during trading on Monday, reaching $11.54. 48,684 shares of the company's stock were exchanged, compared to its average volume of 40,339. The company's fifty day moving average price is $10.51 and its 200-day moving average price is $10.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.76 and a current ratio of 2.66. Superior Group of Companies has a fifty-two week low of $8.30 and a fifty-two week high of $13.78. The firm has a market capitalization of $181.18 million, a PE ratio of 25.09, a P/E/G ratio of 1.99 and a beta of 1.41.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last released its earnings results on Monday, May 4th. The textile maker reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. Superior Group of Companies had a net margin of 1.24% and a return on equity of 3.62%. The firm had revenue of $140.88 million during the quarter, compared to analyst estimates of $138.21 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. As a group, equities analysts forecast that Superior Group of Companies will post 0.58 EPS for the current year.

Institutional Investors Weigh In On Superior Group of Companies

Several institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its position in Superior Group of Companies by 2.7% in the 1st quarter. Hsbc Holdings PLC now owns 34,049 shares of the textile maker's stock valued at $351,000 after acquiring an additional 898 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Superior Group of Companies by 23.2% during the 4th quarter. Russell Investments Group Ltd. now owns 5,252 shares of the textile maker's stock worth $51,000 after buying an additional 989 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Superior Group of Companies by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 17,708 shares of the textile maker's stock worth $182,000 after buying an additional 1,021 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Superior Group of Companies by 9.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,329 shares of the textile maker's stock worth $119,000 after buying an additional 1,028 shares in the last quarter. Finally, Bridgeway Capital Management LLC lifted its position in Superior Group of Companies by 0.8% during the 2nd quarter. Bridgeway Capital Management LLC now owns 176,303 shares of the textile maker's stock worth $1,816,000 after buying an additional 1,331 shares in the last quarter. 33.75% of the stock is owned by institutional investors.

About Superior Group of Companies

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.