Super Group Limited (NYSE:SGHC) to Issue — Dividend of $0.15

Super Group Limited (NYSE:SGHC) declared a — dividend on Wednesday, December 11th,Wall Street Journal reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.15 per share on Wednesday, January 8th. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, December 23rd.

Super Group Stock Performance

Shares of NYSE SGHC traded down $0.01 during mid-day trading on Wednesday, reaching $6.97. The company had a trading volume of 749,457 shares, compared to its average volume of 450,382. Super Group has a one year low of $2.63 and a one year high of $7.12. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 116.33 and a beta of 0.94. The business’s 50-day simple moving average is $5.08 and its 200 day simple moving average is $4.02.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SGHC. Benchmark raised their price target on Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Oppenheimer upgraded Super Group from a “market perform” rating to an “outperform” rating and set a $6.00 target price on the stock in a research report on Thursday, November 7th. Finally, Needham & Company LLC lifted their target price on Super Group from $7.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday.

Super Group Company Profile

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.