Super Group Limited to Issue Semi-annual Dividend of $0.04 (NYSE:SGHC)

Super Group Limited (NYSE:SGHC) announced a semi-annual dividend on Wednesday, February 26th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.04 per share on Friday, March 28th. This represents a yield of 3.6%. The ex-dividend date is Monday, March 10th.

Super Group Price Performance

SGHC stock traded up $0.28 during midday trading on Wednesday, reaching $7.82. 409,421 shares of the company were exchanged, compared to its average volume of 806,895. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 130.44 and a beta of 0.99. The business has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $5.41. Super Group has a one year low of $2.90 and a one year high of $8.51.

Analyst Upgrades and Downgrades

SGHC has been the topic of several recent research reports. Benchmark reiterated a “buy” rating and set a $10.00 price objective on shares of Super Group in a research report on Monday, January 27th. Canaccord Genuity Group raised their price objective on Super Group from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday. Needham & Company LLC raised their target price on shares of Super Group from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Oppenheimer upped their price target on shares of Super Group from $9.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th.

About Super Group

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.