Superior Group of Companies (SGC) will raise its quarterly dividend by 5.3 percent to $0.10 per share in 2018. This follows a dividend hike of 8.3 percent last year by the company formerly known as Superior Uniform Group.

The next dividend is payable August 29, 2018, to shareholders of record August 15, 2018. The new annual dividend of 40 cents per share yields 2.1% at a stock price of $19.27. Year-to-date the stock has lost 28.8 percent including dividends.

Superior Group Of Companies, Inc., formerly Superior Uniform Group, Inc., manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories for the medical and health fields, as well as for the industrial, commercial, leisure and public safety markets. The company's brands include HPI, Fashion Seal Healthcare, CID Resources, Bamko, Tangerine, Publicidentity and Theofficegurus.