Key Developments: Superior Uniform Group Inc (SGC.OQ)

SGC.OQ on NASDAQ Stock Exchange Global Market

17.90USD
11 Jul 2014
Price Change (% chg)

$0.17 (+0.96%)
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$17.73
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$18.93
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Latest Key Developments (Source: Significant Developments)

Superior Uniform Group declares regular quarterly cash dividend
Friday, 2 May 2014 02:00pm EDT 

Superior Uniform Group:Declared a quarterly dividend of $.135 per share.Payable May 27, to shareholders of record May 14.  Full Article

Superior Uniform Group Inc declares quarterly dividend
Friday, 7 Feb 2014 10:00am EST 

Superior Uniform Group Inc:Says the Board has declared a quarterly dividend of $.135 per share.Says it is payable on Mar. 3 to shareholders of record Feb.19.  Full Article

Superior Uniform Group Inc Declares Regular Quarterly Cash Dividend
Monday, 4 Nov 2013 11:47am EST 

Superior Uniform Group Inc announced that it declared a quarterly dividend of $.135 per share, payable November 25, 2013, to shareholders of record November 13, 2013.  Full Article

Superior Uniform Group Inc Announces Acquisition of HPI Direct, Inc
Monday, 1 Jul 2013 02:00pm EDT 

Superior Uniform Group Inc announced the acquisition of substantially all of the assets of HPI Direct, Inc. (HPI or HPI Direct) of Alpharetta, Ga., effective. Since 1993, HPI Direct has built a stellar reputation for quality and responsiveness as a privately owned company specializing in the design, manufacture and distribution of uniforms to domestic retailers, foodservice chains, transportation and other service industries throughout the United States. HPI's image apparel is worn by some of the prestigious brands in the markets that they serve. The transaction is an asset purchase including the assumption of certain liabilities. The purchase price for the transaction consists of approximately $32.5 million in cash, subject to adjustment, the issuance of approximately $2.3 million in shares of Superior Uniform Group's common stock, the potential future payment of up to $7.2 million in additional contingent consideration through 2017, and the assumption of certain liabilities of HPI Direct. The transaction also includes the acquisition of the corporate offices and warehouse distribution facility from an entity related to HPI Direct. Concurrent with the closing of the acquisition, Superior renewed its $15 million revolver agreement and entered into a new term loan for $30 million. Both credit facilities carry five year terms and variable interest rate of LIBOR plus 0.95%.  Full Article

Superior Uniform Group Inc Announces Change Of Auditor-Form 8-K
Wednesday, 19 Jun 2013 08:04am EDT 

Superior Uniform Group Inc reported in its Form 8-K that on June 14, 2013, Superior Uniform Group, Inc. dismissed Grant Thornton LLP as its independent registered public accounting firm to audit the Registrant’s financial statements. The decision to dismiss Grant Thornton LLP was approved by the Audit Committee of the Registrant’s Board of Directors. On June 17, 2013, with the approval of the Audit Committee of the Board of Directors, the Registrant engaged Mayer Hoffman McCann P.C. – KRMT Tampa Bay Division (Mayer Hoffman) as its independent registered public accounting firm to audit the financial statements of the Registrant.  Full Article

Superior Uniform Group Inc Names Gerald M. Benstock Chairman Emeritus
Thursday, 9 May 2013 10:01am EDT 

Superior Uniform Group Inc announced that Gerald M. Benstock has transitioned to the role of Chairman Emeritus, effective May 2, 2013.  Full Article

Superior Uniform Group Inc Declares Special Dividend
Tuesday, 11 Dec 2012 12:50pm EST 

Superior Uniform Group Inc announced that it has declared a special dividend of $.54 per share, payable December 31, 2012, to shareholders of record as of December 21, 2012. This dividend represents a prepayment of the Company's regular quarterly dividends for 2013. The special dividend will result in a total cash outlay of approximately $3.3 million. For 2012, the Company's dividend payments will total $1.08 per share.  Full Article

Superior Uniform Group Inc Declares Regular Quarterly Cash Dividend
Friday, 2 Nov 2012 08:35am EDT 

Superior Uniform Group Inc announced that the Board of Directors declared a quarterly dividend of $.135 per share, payable November 26, 2012, to shareholders of record November 14, 2012. For 2012, the Company's dividend payments will total $.54 per share.  Full Article

Superior Uniform Group, Inc. Declares Regular Quarterly Cash Dividend
Friday, 3 Aug 2012 09:30am EDT 

Superior Uniform Group, Inc. announced that the Board of Directors had declared a quarterly dividend of $.135 per share, payable August 27, 2012, to shareholders of record August 15, 2012.  Full Article

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