Superior Uniform Group Chairman Acquires $223,900 in Stock (SGC)
Superior Uniform Group (NASDAQ:SGC) Chairman Gerald M. Benstock acquired 10,000 shares of the stock on the open market in a transaction dated Monday, August 11th. The stock was purchased at an average price of $22.39 per share, for a total transaction of $223,900.00. Following the purchase, the chairman now directly owns 85,956 shares of the company’s stock, valued at approximately $1,924,555. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Superior Uniform Group (NASDAQ:SGC) traded up 0.04% on Tuesday, hitting $22.31. 14,541 shares of the company’s stock traded hands. Superior Uniform Group has a 52 week low of $11.55 and a 52 week high of $22.94. The stock’s 50-day moving average is $18.6 and its 200-day moving average is $16.60. The company has a market cap of $148.1 million and a P/E ratio of 17.93.
Superior Uniform Group (NASDAQ:SGC) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.57 EPS for the quarter. The company had revenue of $53.20 million for the quarter, compared to the consensus estimate of $30.90 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, August 25th. Investors of record on Wednesday, August 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Monday, August 11th. This is an increase from Superior Uniform Group’s previous quarterly dividend of $0.14.
Superior Uniform Group, Inc (NASDAQ:SGC) manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories.
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