Insider Buying: HUB24 Limited (ASX:HUB) Insider Buys 1,800 Shares of Stock

HUB24 Limited (ASX:HUB) insider Michelle Tredenick bought 1,800 shares of the company’s stock in a transaction on Friday, April 4th. The stock was bought at an average cost of A$60.96 ($37.63) per share, for a total transaction of A$109,728.00 ($67,733.33).

HUB24 Price Performance

The company has a debt-to-equity ratio of 8.70, a current ratio of 2.98 and a quick ratio of 1.34. The stock has a market capitalization of $6.61 billion, a price-to-earnings ratio of 140.11, a price-to-earnings-growth ratio of 1.53 and a beta of 0.93.

HUB24 Increases Dividend

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