Superior Group of Companies, Inc. (SGC) To Go Ex-Dividend on August 14th

Superior Group of Companies, Inc. (NASDAQ:SGC) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Friday, August 14th will be given a dividend of 0.14 per share by the textile maker on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, August 14th.

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. Research analysts expect Superior Group of Companies to earn $1.00 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 56.0%.

Superior Group of Companies Price Performance

SGC stock opened at $12.80 on Wednesday. The firm has a 50 day moving average of $13.08 and a 200-day moving average of $11.58. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 0.39. Superior Group of Companies has a 12 month low of $8.30 and a 12 month high of $14.59. The firm has a market capitalization of $204.03 million, a P/E ratio of 23.27, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45.

Superior Group of Companies (NASDAQ:SGC) last posted its earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.11. The business had revenue of $147.84 million for the quarter, compared to analysts’ expectations of $142.87 million. Superior Group of Companies had a net margin of 1.44% and a return on equity of 5.29%. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. As a group, sell-side analysts predict that Superior Group of Companies will post 0.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SGC. Russell Investments Group Ltd. lifted its stake in Superior Group of Companies by 55.4% during the third quarter. Russell Investments Group Ltd. now owns 4,263 shares of the textile maker’s stock worth $46,000 after purchasing an additional 1,520 shares during the last quarter. Deutsche Bank AG bought a new position in shares of Superior Group of Companies during the 4th quarter valued at about $65,000. Certior Financial Group LLC bought a new position in shares of Superior Group of Companies during the 4th quarter valued at about $105,000. HB Wealth Management LLC purchased a new position in shares of Superior Group of Companies during the 4th quarter valued at about $117,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of 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 valued at $119,000 after buying an additional 1,028 shares in the last quarter. Institutional investors own 33.75% of the company’s stock.

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.