Hub Group, Inc. (HUBG) To Go Ex-Dividend on June 5th

Hub Group, Inc. (NASDAQ:HUBG) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 5th will be paid a dividend of 0.125 per share by the transportation company on Wednesday, June 17th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, June 5th.

Hub Group has a payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Trading Up 1.9%

Shares of HUBG stock opened at $41.46 on Friday. Hub Group has a 12 month low of $32.46 and a 12 month high of $53.26. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $38.94 and its two-hundred day moving average is $41.02. The company has a market cap of $2.54 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 1.16 and a beta of 1.26.

Trending Headlines about Hub Group

Here are the key news stories impacting Hub Group this week:

• Positive Sentiment: Hub Group declared a quarterly cash dividend of $0.125 per share, payable on June 17 to shareholders of record on June 5. That supports the stock by signaling continued shareholder returns and financial stability. Hub Group Declares Quarterly Dividend
• Neutral Sentiment: The company also received an expected Nasdaq deficiency notice for failing to timely file its Form 10-Q for the quarter ended March 31, but this was already anticipated by management. Hub Group Receives Expected Deficiency Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
• Negative Sentiment: Multiple law firms launched or continued investigations into Hub Group over possible federal securities-law violations, citing alleged misstatements and issues tied to the delayed Q4 release and other disclosures. That legal overhang can pressure the stock by raising the risk of litigation, distraction, and potential financial penalties. Securities Fraud Investigation Into Hub Group, Inc. Continues
• Negative Sentiment: Additional investor alerts from Lowey Dannenberg, Frank R. Cruz, Howard G. Smith, BFA Law, Kirby McInerney, Pomerantz, and Levi & Korsinsky reinforce the same concern: Hub Group is facing mounting scrutiny over possible accounting or disclosure problems. Lowey Dannenberg investigation of Hub Group

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.