Hub Group, Inc., a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation. Its logistics services comprise full outsource logistics solution, transportation management, freight consolidation, warehousing and fulfillment, final mile delivery, and parcel and international services. The company also provides dry van, expedited, less-than-truckload, refrigerated, and flatbed truck brokerage services. It offers a fleet of approximately 1,000 tractors and 4,600 trailers to its customers, as well as the driver staffing, management, and infrastructure. The company serves a range of industries, including retail, consumer products, and durable goods. As of December 31, 2021, it owned approximately 43,750 dry, 53-foot containers, as well as 450 refrigerated, 53-foot containers; and leased approximately 250 dry, 53-foot containers. The company was founded in 1971 and is headquartered in Oak Brook, Illinois.
Hub Dividend Announcement
• Hub announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-12-06
• Hub annual dividend for 2024 was $0.50
• Hub's trailing twelve-month (TTM) dividend yield is 1.02%
• Hub's payout ratio for the trailing twelve months (TTM) is 20.96%
Hub Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-06 | $0.12 | quarterly | 2024-12-20 |
| 2024-09-06 | $0.12 | quarterly | 2024-09-25 |
| 2024-06-07 | $0.12 | quarterly | 2024-06-26 |
| 2024-03-07 | $0.12 | quarterly | 2024-03-27 |
Hub Dividend per year
Hub Dividend Yield
Hub current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing Hub stock? Use our calculator to estimate your expected dividend yield:
Hub Financial Ratios
Hub Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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