Hub Group Declares Quarterly Dividend

Rhea-AI Summary

Hub Group (Nasdaq: HUBG) has announced a quarterly cash dividend of $0.125 per share on both Class A and Class B Common Stock. The dividend will be paid on March 28, 2025, to stockholders of record as of March 18, 2025.

This quarterly dividend program, which amounts to $0.50 per share annually, is part of the company's growth-focused capital allocation plan. Hub Group, a transportation and logistics management solutions provider with over $4 billion in revenue and nearly 6,000 employees, specializes in supply chain optimization and technology-driven solutions.

Positive

• Consistent dividend payment shows financial stability
• $4 billion in revenue demonstrates strong market position
• Regular cash returns to shareholders through dividend program

Negative

• Low dividend yield relative to industry standards

OAK BROOK, Ill., March 05, 2025 (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 March 28, 2025, to stockholders of record as of March 18, 2025.

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.

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 dividend amount for Hub Group (HUBG) in Q1 2025?

Hub Group declared a quarterly dividend of $0.125 per share for Q1 2025.

When is the payment date for Hub Group's (HUBG) latest dividend?

The dividend payment is scheduled for March 28, 2025.

What is Hub Group's (HUBG) annual dividend rate?

Hub Group's annual dividend rate is $0.50 per share.

What is the record date for HUBG's March 2025 dividend?

The record date is March 18, 2025.

Does Hub Group pay dividends on both Class A and Class B stock?

Yes, Hub Group pays equal dividends of $0.125 per share on both Class A and Class B Common Stock.