Superior Group of Companies (SGC) will raise its quarterly dividend by 16.7 percent to 14 cents per share in 2022. This follows a dividend hike of 20 percent to 12 cents per share in 2021 by SGC.

The next SGC dividend is payable June 7, 2022, to shareholders of record as of May 24, 2022. The new annual dividend of 56 cents per share yields 3.5% at a stock price of $16.50.

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.