Current Report: Superior Group
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Superior Group (SGC) designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers.
It generates maximum revenue from the Branded Products segment which produces and sells customized merchandising solutions, promotional products and branded uniform programs to customers.
The company was formerly known as Superior Uniform Group, Inc. and changed its name to Superior Group of Companies, Inc. in May 2018.
Superior Group of Companies, Inc. was founded in 1920 and is headquartered in Saint Petersburg, Florida.
Three key data points gauge Superior Group or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three keys also best tell whether any company has made, is making, and will make money.
SGC Price
Superior’s share price rose about 4.8% in the past year from $14.20 to $14.88 as of Tuesday’s market close.
In the past 3 years, the company’s share price has ranged from $7.34 to $21,29. SGC’s all-time high, of $29.33 was reached as of March 15, 2018.
Should the company conform to the median of one-year targets estimated by 3 analysts tracking SGC for brokers, the price could grow from $5.12 to $20.00 in the next year.
SGC Dividend
Superior Group has paid variable quarterly dividends since March 12, 1985. The company’s most recent Q dividend of $0.14 was declared on February 6th for shareholders of record prior to February 18th, and the payout is due February 28th. The forward-looking annual dividend of $0.56 yields 3.76% per Tuesday’s closing price.
SGC Returns
Putting it all together, a $5.68 estimated gross gain per share shows up by adding SGC’s annual $0.56 dividend to the estimated $5.12 annual price gain, totaling that $5.68 gross amount.
A little over $1000 buys 67 shares at Tuesday’s $14.88 share price.
A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.15 per share out of the $5.68 gross gain to give us a net $5.53 amount per share to multiply by 67, to equal $370.50 for about a 37% estimated net gain on the year.
Furthermore, the $37.60 annual dividend income from $1k invested in SGC is over 2.5 times greater than the single-share price. By these numbers, Superior Group may be an ideal dividend dog.
Therefore, you may choose to pounce on SGC as a 105-year-old quarterly dividend-paying uniform manufacturer with a 40-year dividend record.
The exact track of Superior’s future price and dividend will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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