HUB24 Limited (ASX:HUB) Insider Rachel Grimes (AM) Acquires 1,000 Shares

HUB24 Limited (ASX:HUB) insider Rachel Grimes (AM) purchased 1,000 shares of HUB24 stock in a transaction dated Friday, March 7th. The stock was acquired at an average price of A$74.90 ($47.41) per share, for a total transaction of A$74,900.00 ($47,405.06).

HUB24 Price Performance

The company has a market cap of $6.61 billion, a P/E ratio of 140.11, a P/E/G ratio of 1.53 and a beta of 0.93. The company has a debt-to-equity ratio of 8.70, a current ratio of 2.98 and a quick ratio of 1.34.

HUB24 Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, April 14th will be issued a dividend of $0.24 per share. This is an increase from HUB24’s previous Interim dividend of $0.19. The ex-dividend date of this dividend is Sunday, March 16th. This represents a dividend yield of 0.28%. HUB24’s payout ratio is 68.42%.

HUB24 Company Profile

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.