Hub Group, Inc. (HUBG) To Go Ex-Dividend on September 21st

Hub Group, Inc. (NASDAQ:HUBG) declared a quarterly dividend on Wednesday, September 9th. Shareholders 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) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, September 21st.

Hub Group has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

NASDAQ:HUBG opened at $35.67 on Friday. The stock has a market cap of $2.18 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19. Hub Group has a fifty-two week low of $32.90 and a fifty-two week high of $53.26. The stock’s 50-day moving average is $43.60 and its two-hundred day moving average is $41.79.

About Hub Group

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.