Highlights
- REH shares down over 30% in 2025
- HUB shares up significantly from 52-week low
- REH dividend yield higher than historical average
In 2025, investors have seen contrasting journeys in the share prices of two prominent ASX-listed companies: Reece Limited (REH) and HUB24 Limited (HUB). While one of Australia’s most established businesses is navigating a downturn, a rapidly growing fintech player has continued to gain traction.
REH Shares: A Closer Look
Reece Limited (ASX:REH), a cornerstone of Australia's plumbing and bathroom supply sector, has experienced a challenging start to 2025. The share price has dropped approximately 31.7% year-to-date. Despite this, the company remains an enduring presence in the Australian industrial landscape, with operations that span over a century.
Although traditionally seen as a plumbing supplier, Reece has significantly expanded its scope. Its offerings now include civil construction, pool and irrigation solutions, and HVAC systems used in heating, ventilation, and refrigeration. This diversification has supported steady revenue growth in recent years. While the dividend yield has typically been modest, payouts have remained consistent, showcasing the business’s resilience.
Currently, Reece’s dividend yield stands at around 1.65%, which is higher than its five-year average of 1.06%. This elevated yield may reflect the recent fall in share price, growth in dividend payouts, or a combination of both. The company’s most recent annual report indicates that dividends have increased compared to the three-year average, suggesting potential earnings strength.
HUB24 Shares: A Digital Growth Story
In stark contrast, HUB24 Limited (ASX:HUB) has climbed 73.1% from its 52-week low. Founded in 2007, HUB24 is a technology-driven business that delivers wealth management solutions through its suite of platforms, including HUB24, Class, and myprosperity.
The HUB24 platform supports financial advisers with investment management tools, while Class streamlines compliance and documentation for SMSFs. Myprosperity enhances client engagement through tailored financial portals.
Strong industry recognition in 2024 underscored HUB24’s momentum. It was named the Overall Best Platform in the Adviser Ratings Financial Advice Landscape Report and ranked first for both Overall Satisfaction and Brand Image and Reputation in the Wealth Insights Platform Service Level Report.
The diverging paths of Reece and HUB24 in 2025 reflect the evolving nature of the Australian share market — where legacy businesses work to navigate economic pressures, and innovative platforms continue to thrive in a digital-first environment. As REH focuses on consistent growth and dividend stability, HUB’s agility in fintech continues to position it as a rising name in wealth management solutions.