HUB24 Reports Strong Growth and Dividend Hike

HUB24 Limited (AU:HUB) has released an update.

HUB24 Limited reported a robust financial performance for FY24, with a 15% increase in Underlying EBITDA to $118 million and a 30% surge in Funds Under Administration to $104.7 billion, indicating significant market growth. The company also announced a healthy fully franked final dividend of 19.5 cents per share, reflecting its strong results. These achievements underscore HUB24’s leadership in the wealth management industry, marked by leading platform inflows and innovative product enhancements.

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