Super Group (SGHC) Limited Announces Special Dividend of $0.25 (NYSE:SGHC)

Super Group (SGHC) Limited (NYSE:SGHC) announced a special dividend on Wednesday, January 21st. Shareholders of record on Monday, February 2nd will be given a dividend of 0.25 per share on Monday, February 9th. The ex-dividend date of this dividend is Monday, February 2nd.

Super Group (SGHC) has a payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Equities research 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

Shares of NYSE:SGHC opened at $9.79 on Thursday. The business has a fifty day moving average price of $11.30 and a 200-day moving average price of $11.77. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $4.93 billion, a PE ratio of 22.78 and a beta of 1.08. Super Group has a 1-year low of $5.59 and a 1-year high of $14.38.

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

Institutional Trading of Super Group (SGHC)

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SGHC. Nisa Investment Advisors LLC increased its stake in shares of Super Group (SGHC) by 132.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after purchasing an additional 1,396 shares in the last quarter. SBI Securities Co. Ltd. increased its position in Super Group (SGHC) by 67,900.0% in the third quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock worth $36,000 after buying an additional 2,716 shares in the last quarter. Greenwich Wealth Management LLC purchased a new position in shares of Super Group (SGHC) during the 2nd quarter valued at about $112,000. Scotia Capital Inc. bought a new position in shares of Super Group (SGHC) during the 2nd quarter valued at approximately $113,000. Finally, Teza Capital Management LLC purchased a new stake in Super Group (SGHC) in the 2nd quarter worth approximately $121,000. 5.09% of the stock is owned by hedge funds and other institutional investors.

About Super Group (SGHC)

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.