Super Group (SGHC) Limited (NYSE:SGHC) to Issue Quarterly Dividend of $0.04

Super Group (SGHC) Limited (NYSE:SGHC) announced a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Monday, December 15th will be paid a dividend of 0.04 per share on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, December 15th.

Super Group (SGHC) has a dividend payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Super Group (SGHC) to earn $0.49 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 32.7%.

Super Group (SGHC) Price Performance

NYSE SGHC opened at $11.11 on Friday. The company has a market cap of $5.59 billion, a PE ratio of 25.83 and a beta of 1.09. Super Group has a 52-week low of $5.45 and a 52-week high of $14.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.75 and a current ratio of 1.75. The firm’s 50 day moving average price is $12.21 and its 200-day moving average price is $11.35.

Super Group (SGHC) (NYSE:SGHC) last posted its earnings results on Monday, November 3rd. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%.The company had revenue of $557.00 million during the quarter, compared to analyst estimates of $436.19 million. Sell-side analysts forecast that Super Group will post 0.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Group (SGHC)

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV grew its holdings in shares of Super Group (SGHC) by 7.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 16,363 shares of the company’s stock valued at $216,000 after buying an additional 1,078 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Super Group (SGHC) by 132.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after acquiring an additional 1,396 shares during the period. Mariner LLC grew its stake in Super Group (SGHC) by 1.4% during the 3rd quarter. Mariner LLC now owns 103,271 shares of the company’s stock valued at $1,363,000 after purchasing an additional 1,471 shares during the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of Super Group (SGHC) by 11.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 19,970 shares of the company’s stock valued at $263,000 after purchasing an additional 2,032 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in shares of Super Group (SGHC) by 19.5% in the second quarter. Tower Research Capital LLC TRC now owns 14,928 shares of the company’s stock worth $164,000 after purchasing an additional 2,432 shares during the last quarter. 5.09% of the stock is currently owned by institutional investors and hedge funds.

About Super Group (SGHC)

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.