Member access

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Hubbell Inc. : Hubbell Declares 10% Dividend Increase and Accelerates Quarterly Dividend Payment

12/04/2012 | 04:17pm US/Eastern



SHELTON, CT. (December 4, 2012) - The Board of Directors of Hubbell Incorporated (NYSE:  HUBA, HUBB) declared an increase in the common stock dividend rate. The new annual payment rate of $1.80 per share, or $0.45 per quarter compares to the former rate of $1.64, or $0.41 per quarter. In addition, the Board of Directors approved accelerating the regular quarterly dividend payment from January 2013 to December 2012. The dividend will be paid on December 26, 2012 to shareholders of record on December 14, 2012.  

"We are pleased to declare our second dividend increase this year," said Chairman Timothy H. Powers. "Increasing the dividend and accelerating the payment reflects our commitment to increasing shareholder value."

Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. With 2011 revenues of $2.9 billion, Hubbell Incorporated operates manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People's Republic of China, Italy, the United Kingdom, Brazil and Australia. Hubbell also participates in joint ventures in Taiwan and Hong Kong, and maintains sales offices in Singapore, the People's Republic of China, Mexico, South Korea, and the Middle East. The corporate headquarters is located in Shelton, CT.

Contact: James M. Farrell
             Hubbell Incorporated
             40 Waterview Drive
             P.O. Box 1000
             Shelton, Connecticut 06484
             (475) 882-4000


distributed by
Recommend :
React to this article
Latest news
Date Title
<1m ago BAYERISCHE MOTOREN WERKE : Technology and design in harmony ; on the ROAD
<1m ago Findings from Bannari Amman Institute of Technology Provides New Data on Reinforced Plastics and Composites (Nano silver conductive composite...
<1m ago NISSAN MOTOR : News
<1m ago ISUZU MOTORS : News JAPANESE pick-up
<1m ago TALKTALK TELECOM : deal with Sky
<1m ago MORGAN ADVANCED MATERIALS : *citigroup cuts morgan advanced materials target to 340 (345) pence - 'buy'
<1m ago PETROPAVLOVSK : *citigroup raises petropavlovsk to 'neutral' ('sell') - target 42 (67) pence
<1m agoDJOil Futures Steady After China Manufacturing Data
1m ago HIBERNIA REIT : 22.07.2014 Hibernia REIT – Results of Annual General Meeting
1m ago EASYJET : Q3 Interim Management Statement
Latest news
Hot News 
JUNIPER NETWORKS : posts 7% revenue growth in Q2 2014
RENISHAW : Big orders in Asia send shares in engineer Renishaw skyrocketing
B/E AEROSPACE : Patent Issued for Modular Apparatus and Method for Compacting Trash
GLAXOSMITHKLINE : Patent end hits US drug sales
KAZAKHMYS : sets out plan to split
Most Read News
1d ago FACEBOOK : beats Wall Street targets, stock hits record high
1d ago QUALCOMM : struggles to collect royalties in China, stock falls
1d ago BOMBARDIER : to cut 1,800 jobs, aerospace head retires
1d ago NOVO NORDISK A/S : New Colitis Study Results from Novo Nordisk Described (Predictive validity and immune cell involvement in the pathogenesis of piroxicam-accelerated...
1d ago AT&T : new device financing plan weighs on revenue
Most recommended articles
7d agoDJU.S. Industrial Production-Historical
1m ago TATE & LYLE : misses first-quarter profit target
1m agoDJBASF SE : Profit Lifted by Specialty Chemicals
1m ago DAILY MAIL AND GENERAL : publisher's underlying revenue up three percent in third-quarter
1m agoDJDollar Flat Against Yen Amid Lack of Fresh Cues
Dynamic quotes