Hub Group, Inc. (NASDAQ:HUBG) Announces $0.12 Quarterly Dividend

Hub Group, Inc. (NASDAQ:HUBG) declared a quarterly dividend on Wednesday, September 9th. Investors of record on Monday, September 21st will be given a dividend of 0.125 per share by the transportation company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, September 21st.

Hub Group has a dividend payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Hub Group to earn $2.75 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 18.2%.

Hub Group Stock Performance

Shares of Hub Group stock opened at $35.34 on Thursday. The business’s 50 day simple moving average is $43.78 and its 200 day simple moving average is $41.84. Hub Group has a 52-week low of $32.90 and a 52-week high of $53.26. The firm has a market cap of $2.16 billion, a PE ratio of 20.43, a P/E/G ratio of 1.03 and a beta of 1.19.

Hub Group Company Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.