HUB24 Limited, a financial services company, provides integrated platform, technology, and data solutions to wealth industry in Australia. It operates in Platform and Tech Solutions segments. The company develops and operates HUB24 and Xplore Wealth that are investment and superannuation platforms; and portfolio administration and reporting services for financial advisers, stockbrokers, accountants and their clients, and direct consumers. It also provides accounting, portfolio management, legal documentation, corporate compliance, and self-managed superannuation fund administration solutions; and application and technology products for the financial services sector, as well as license and consulting services for data management, software, and infrastructure. In addition, HUB24 Limited offers retirement solutions. The company was formerly known as Investorfirst Ltd. and changed its name to HUB24 Limited in August 2013. HUB24 Limited was incorporated in 2007 and is headquartered in Sydney, Australia.
HUB24 Dividend Announcement
• HUB24 announced a semi annually dividend of A$0.20 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-09
• HUB24 annual dividend for 2024 was A$0.38
• HUB24 annual dividend for 2023 was A$0.33
• HUB24's trailing twelve-month (TTM) dividend yield is 0.53%
• HUB24's payout ratio for the trailing twelve months (TTM) is 29.34%
• HUB24's dividend growth over the last five years (2018-2023) was 56.16% year
HUB24 Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | A$0.20 | semi annually | 2024-10-11 |
2024-03-18 | A$0.18 | semi annually | |
2023-09-11 | A$0.18 | semi annually | 2023-10-13 |
2023-03-20 | A$0.14 | semi annually | 2023-04-18 |
2022-09-12 | A$0.12 | semi annually | 2022-10-14 |
2022-03-18 | A$0.07 | semi annually | 2022-04-18 |
2021-09-13 | A$0.06 | semi annually | 2021-10-15 |
2021-03-19 | A$0.04 | semi annually | 2021-04-19 |
2020-09-14 | A$0.04 | semi annually | 2020-10-16 |
2020-03-13 | A$0.04 | semi annually | 2020-04-17 |
2019-09-16 | A$0.03 | semi annually | 2019-10-18 |
2019-03-13 | A$0.02 | semi annually | 2019-04-11 |
2018-09-17 | A$0.04 | semi annually | 2018-10-19 |
HUB24 Dividend per year
HUB24 Dividend growth
HUB24 Dividend Yield
HUB24 current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing HUB24 stock? Use our calculator to estimate your expected dividend yield:
HUB24 Financial Ratios
HUB24 Dividend FAQ
Other factors to consider when evaluating HUB24 as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HUB24's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HUB24 publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HUB24 distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HUB24 are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HUB24 sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HUB24 distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HUB24 declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HUB24's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HUB24's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.