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

Hub Group, Inc. (NASDAQ:HUBG) declared a quarterly dividend on Wednesday, September 9th. Stockholders of record on Monday, September 21st will be paid a dividend of 0.125 per share by the transportation company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, September 21st.

Hub Group has a payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. 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 Down 2.0%

Shares of NASDAQ HUBG opened at $32.72 on Friday. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 18.91, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. Hub Group has a twelve month low of $31.41 and a twelve month high of $53.26. The business has a 50 day simple moving average of $42.16 and a 200-day simple moving average of $41.45.

About Hub Group

Hub Group, Inc is a North American transportation and logistics company that provides supply chain solutions to manufacturers, retailers, distributors and other businesses. Its services are designed to help customers move freight efficiently across multiple modes of transportation and manage related logistics activities.

The company’s primary offerings include intermodal transportation, which combines rail and truck services; truck brokerage; dedicated and managed transportation; and final-mile and other logistics services.