Super Group (SGHC) Limited (SGHC) To Go Ex-Dividend on March 16th

by · The Markets Daily

Super Group (SGHC) Limited (NYSE:SGHC – Get Free Report) declared a quarterly dividend on Monday, February 23rd. Investors of record on Monday, March 16th will be given a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, March 16th. This is a 25.0% increase from Super Group (SGHC)’s previous quarterly dividend of $0.04.

Super Group (SGHC) has a payout ratio of 23.2% meaning 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) Trading Up 9.3%

Shares of Super Group (SGHC) stock opened at $10.63 on Wednesday. Super Group has a fifty-two week low of $5.59 and a fifty-two 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 company has a market capitalization of $5.35 billion, a P/E ratio of 24.71 and a beta of 1.08. The company has a fifty day moving average of $10.29 and a 200 day moving average of $11.47.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Needham & Company LLC increased their target price on Super Group (SGHC) from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Wall Street Zen downgraded Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Tuesday, January 27th. BTIG Research decreased their target price on Super Group (SGHC) from $19.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Benchmark upped their price objective on Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Super Group (SGHC) presently has an average rating of “Buy” and a consensus target price of $16.75.

View Our Latest Research Report on Super Group (SGHC)

Super Group (SGHC) Company Profile

(Get Free Report)

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.

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