It isnt Hubpages that pay you, it is your affiliates - i.e. Adsense and/or Amazon.
When you hit payout on Adsense, it is normally about 1-2 months after the threashold is reached. Google needs to recalculate and see the exact amount, then they send you a check or directly into your account.
Check your Adsense account to see where you are up to.