Insider Selling: HUB24 Limited (ASX:HUB) Insider Sells 4,566 Shares of Stock

HUB24 Limited (ASX:HUB) insider Anthony (Tony) McDonald sold 4,566 shares of HUB24 stock in a transaction on Thursday, February 20th. The shares were sold at an average price of A$84.27 ($53.68), for a total value of A$384,776.82 ($245,080.78).

HUB24 Price Performance

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

HUB24 Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.24 per share. This is a boost from HUB24’s previous Interim dividend of $0.19. The ex-dividend date is Sunday, March 16th. This represents a yield of 0.28%. HUB24’s dividend payout ratio (DPR) is presently 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.