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Hub Group Declares Quarterly Dividend

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Hub Group (Nasdaq: HUBG) has declared a quarterly cash dividend of $0.125 per share on both its Class A and Class B Common Stock. The dividend will be paid on September 25, 2024, to stockholders of record as of September 6, 2024. This dividend is part of Hub Group's previously announced growth-focused capital allocation plan, which initially set the quarterly cash dividend program at $0.50 per share per year. The announcement demonstrates Hub Group's commitment to returning value to shareholders while maintaining its focus on growth initiatives.

Hub Group (Nasdaq: HUBG) ha dichiarato un dividendo in contante trimestrale di $0,125 per azione sia per le sue azioni di Classe A che di Classe B. Il dividendo sarà pagato il 25 settembre 2024 agli azionisti registrati alla data del 6 settembre 2024. Questo dividendo fa parte del piano di allocazione del capitale focalizzato sulla crescita precedentemente annunciato da Hub Group, che ha inizialmente stabilito il programma di dividendi in contante trimestrali a $0,50 per azione all'anno. L'annuncio dimostra l'impegno di Hub Group nel restituire valore agli azionisti mantenendo al contempo un focus sulle iniziative di crescita.

Hub Group (Nasdaq: HUBG) ha declarado un dividendo en efectivo trimestral de $0.125 por acción tanto para sus acciones de Clase A como de Clase B. El dividendo se pagará el 25 de septiembre de 2024 a los accionistas registrados hasta el 6 de septiembre de 2024. Este dividendo es parte del plan de asignación de capital enfocado en el crecimiento que Hub Group anunció anteriormente, que inicialmente establecía el programa de dividendos en efectivo trimestrales en $0.50 por acción al año. El anuncio demuestra el compromiso de Hub Group de devolver valor a los accionistas mientras mantiene su atención en iniciativas de crecimiento.

허브 그룹(Hub Group, Nasdaq: HUBG)은 클래스 A 및 클래스 B 보통 주식 모두에 대해 주당 $0.125의 분기 현금 배당금을 선언했습니다. 배당금은 2024년 9월 25일2024년 9월 6일 기준 주주에게 지급됩니다. 이 배당금은 허브 그룹이 이전에 발표한 성장 중심의 자본 배분 계획의 일환으로, 분기별 현금 배당 프로그램을 연간 주당 $0.50으로 설정했습니다. 이번 발표는 허브 그룹이 성장 이니셔티브에 집중하면서 주주에게 가치를 반환하겠다는 의지를 보여줍니다.

Hub Group (Nasdaq: HUBG) a déclaré un dividende trimestriel en espèces de 0,125 $ par action pour ses actions ordinaires de classe A et de classe B. Le dividende sera versé le 25 septembre 2024 aux actionnaires inscrits au 6 septembre 2024. Ce dividende fait partie du plan d'allocation de capital axé sur la croissance précédemment annoncé par Hub Group, qui a initialement fixé le programme de dividendes trimestriels à 0,50 $ par action par an. Cette annonce démontre l'engagement de Hub Group à restituer de la valeur aux actionnaires tout en maintenant son accent sur les initiatives de croissance.

Hub Group (Nasdaq: HUBG) hat eine vierteljährliche Bardividende von $0,125 pro Aktie sowohl für seine A- als auch für seine B-Klasse-Stammaktien erklärt. Die Dividende wird am 25. September 2024 an die Aktionäre ausgezahlt, die am 6. September 2024 im Aktienregister stehen. Diese Dividende ist Teil des zuvor angekündigten, wachstumsfokussierten Kapitalverwendungsplans von Hub Group, der das vierteljährliche Bardividendenprogramm zunächst auf $0,50 pro Aktie und Jahr festlegte. Die Ankündigung zeigt das Engagement von Hub Group, den Aktionären Werte zurückzugeben und gleichzeitig den Fokus auf Wachstumsinitiativen zu bewahren.

Positive
  • Implemented a quarterly dividend program, indicating financial stability
  • Dividend of $0.125 per share provides direct income to shareholders
  • Annual dividend yield of $0.50 per share suggests confidence in cash flow
Negative
  • None.

OAK BROOK, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on September 25, 2024, to stockholders of record as of September 6, 2024.

Hub Group’s quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan.

CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995. These forward- looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of Hub Group to differ materially from those expressed or implied by this discussion and, therefore, should be viewed with caution. Further information on the risks that may affect Hub Group’s business is included in filings it makes with the SEC from time to time, including those discussed under the “Risk Factors” section in Hub Group’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. Hub Group assumes no obligation to update any such forward-looking statements.

ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG) with over $4 billion in revenue, our nearly 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.

SOURCE: Hub Group, Inc.
CONTACT: Lorna Williams, Investor Relations, lornawilliams@hubgroup.com


FAQ

What is the amount of Hub Group's quarterly dividend for 2024?

Hub Group (HUBG) has declared a quarterly cash dividend of $0.125 per share for both its Class A and Class B Common Stock.

When will Hub Group (HUBG) pay its next dividend?

Hub Group will pay its next dividend on September 25, 2024, to stockholders of record as of September 6, 2024.

What is Hub Group's annual dividend yield based on the announced quarterly dividend?

Based on the announced quarterly dividend of $0.125 per share, Hub Group's annual dividend yield is $0.50 per share per year.

Is Hub Group's dividend part of a larger financial strategy?

Yes, Hub Group's quarterly cash dividend program is part of its previously announced growth-focused capital allocation plan.

HUB Group Inc

NASDAQ:HUBG

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2.70B
59.23M
2.37%
95.79%
1.91%
Integrated Freight & Logistics
Arrangement of Transportation of Freight & Cargo
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United States of America
OAK BROOK