Super Group (SGHC) Limited announced that its Board of Directors has initiated a dividend program and declared the first cash dividend on its ordinary shares of $0.10 per share. The dividend is payable on July 17, 2024, to shareholders of record as of the close of business on July 8, 2024. The company intends to pay regular dividends amounting to at least $0.10 per share annually, subject to approval of Super Group?s Board of Directors in its discretion and subject to other potentially advantageous uses of funds.

The company will consider paying a higher dividend if business conditions allow. Beginning in the first quarter of 2025, the company's intention, subject to Board approval, is to pay regular dividends on a quarterly basis.