HUB24 Limited (ASX:HUB) Insider Purchases A$65,000.00 in Stock

HUB24 Limited (ASX:HUB) insider Rachel Grimes (AM) acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, April 16th. The stock was bought at an average price of A$65.00 ($41.67) per share, with a total value of A$65,000.00 ($41,666.67).

Rachel Grimes (AM) also recently made the following trade(s):

• On Friday, March 7th, Rachel Grimes (AM) purchased 1,000 shares of HUB24 stock. The shares were bought at an average cost of A$74.90 ($48.01) per share, with a total value of A$74,900.00 ($48,012.82).

HUB24 Stock Performance

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

HUB24 Increases Dividend

The company also recently declared a Interim dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, April 14th were given a dividend of $0.24 per share. This is a positive change from HUB24’s previous Interim dividend of $0.19. This represents a yield of 0.28%. The ex-dividend date was Sunday, March 16th. HUB24’s dividend payout ratio is 68.42%.

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.