Hub Group, Inc. Declares Quarterly Dividend, Payable on March 27, 2024
February 22, 2024 at 04:09 pm EST
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Hub Group, Inc. 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 27, 2024, to stockholders of record as of March 8, 2024. The initiation of Hub Group?s quarterly cash dividend program, initially set at $0.50 per share per year, is part of Hub Group?s previously announced growth-focused capital allocation plan.
Hub Group, Inc. is a supply chain solutions provider, which offers comprehensive transportation and logistics management services. The Company operates through two segments: Intermodal and Transportation Solutions (ITS), and Logistics. Its ITS segment includes its intermodal and dedicated trucking. Its Logistics segment includes full outsource logistics solutions, transportation management services, freight consolidation, warehousing and fulfillment, and final mile delivery services. Logistics also includes its brokerage business which provides third-party truckload, less-than-truckload (LTL), flatbed and temperature-controlled needs. The Companyâs service offerings include a full range of freight transportation and logistics services, some of which are provided by assets the Company owns and operates, and some of which are provided by third parties with whom it contracts. The Company serves range of industries, including retail, consumer products, automotive and durable goods.
HUB GROUP, INC. 
