Superior Group of Companies Declares Regular Quarterly Cash Dividend
November 06 2020 - 9:04AM
The Board of Directors of Superior Group of Companies, Inc.
(NASDAQ: SGC) today declared a quarterly dividend of $0.10 per
share, payable November 30, 2020, to shareholders of record as of
November 16, 2020.
“Despite this unique and challenging market
environment, we delivered strong operating results, increased cash
flow generated from operations and lowered our debt leverage
position,” said Michael Benstock, Chief Executive officer. “On
behalf of our Board of Directors, we are pleased to continue our
long legacy of shareholder return and declare our quarterly
dividend, which reflects our continued confidence in our long-term
growth outlook for the business. We want to reiterate our view that
a sustainable recurring dividend is an important component of SGC’s
value proposition.”
About Superior Group of Companies, Inc.
(SGC):
Superior Group of Companies™, formerly Superior
Uniform Group, established in 1920, is a combination of companies
that help our customers unlock the power of their brands by
creating extraordinary brand experiences for their employees and
customers. We provide customized support for each of our divisions
through our shared services model.
Fashion Seal Healthcare®, HPI® and CID Resources
are signature uniform brands of Superior Group of Companies. Each
is one of America’s leading providers of uniforms and image apparel
in the markets we serve. We specialize in innovative uniform
program design, global manufacturing, and state-of-the-art
distribution. Every workday, more than 6 million Americans go to
work wearing a uniform from Superior Group of Companies.
BAMKO®, Tangerine Promotions® and Public
Identity® are signature promotional products and branded
merchandise brands of Superior Group of Companies. We provide
unique custom branding, design, sourcing, and marketing solutions
to some of the world’s most successful brands.
The Office Gurus® is a global provider of custom
call and contact center support. As a true strategic partner, The
Office Gurus implements customized solutions for our customers in
order to accelerate their growth and improve our customers’ service
experiences.
SGC’s commitment to service, technology, quality
and value-added benefits, as well as our financial strength and
resources, provides unparalleled support for our customers’ diverse
needs while embracing a “Customer 1st, Every Time!” philosophy and
culture in all of our business segments.
Visit www.superiorgroupofcompanies.com for more information.
Contact:
Andrew D. Demott, Jr.
COO, CFO & Treasurer
727-803-7135
-OR-
Hala Elsherbini
Three Part Advisors
Senior Managing Director
214-442-0016
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