HUB24 Limited (ASX:HUB) Raises Dividend to $0.20 Per Share

HUB24 Limited (ASX:HUB) announced a final dividend on Thursday, September 5th, MarketIndexAU reports. Stockholders of record on Thursday, October 10th will be paid a dividend of 0.195 per share on Thursday, October 10th. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Sunday, September 8th. This is a boost from HUB24’s previous final dividend of $0.19.

HUB24 Stock Performance

The company has a debt-to-equity ratio of 8.70, a quick ratio of 1.34 and a current ratio of 2.98.

About HUB24

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.