Super Group Initiates Dividend Program And Declares First Cash Dividend On Its Ordinary Shares Of $0.10 Per Share
Portfolio Pulse from Benzinga Newsdesk
Super Group has announced the initiation of a dividend program, declaring its first cash dividend of $0.10 per share, payable on July 17, 2024. The company plans to pay regular dividends annually and intends to switch to quarterly payments starting in the first quarter of 2025, subject to Board approval.
June 27, 2024 | 11:35 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Super Group has declared its first cash dividend of $0.10 per share, payable on July 17, 2024, and plans to pay regular dividends annually, with a shift to quarterly payments starting in Q1 2025, subject to Board approval.
The initiation of a dividend program and the declaration of a cash dividend are positive signals for investors, indicating financial stability and a commitment to returning value to shareholders. The planned shift to quarterly dividends further enhances the attractiveness of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100