Member access

4-Traders Homepage  >  News

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
Recommend:
0

HUBBELL DECLARES 10% DIVIDEND INCREASE

AND ACCELERATES QUARTERLY DIVIDEND PAYMENT

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


HUG#1662469


distributed by
Recommend :
0
React to this article
Latest news
Date Title
3m ago TRANSCOM WORLDWIDE : Convening notice to the Extraordinary General Meeting of the Shareholders of Transcom to be held on 4 September 2014
3m ago JASTRZEBSKA SPOLKA WEGLOWA : Current Report no. 19/2014
3m ago RECKITT BENCKISER : Continuing To Perform In Challenging Markets
3m ago TRINITY MIRROR : sees full-year results ahead of forecasts
5m agoDJDollar Nearly Flat Against Rivals Ahead Of US Econ Data, FOMC
9m ago TNT EXPRESS : 2Q14 results: Improved performance supported by restructuring initiatives 28 July 2014
9m ago BULL : launches IT bulletin, an on-line news review dedicated to IT expertise
9m ago TNT EXPRESS : announces Extraordinary Meeting of Shareholders 28 July 2014
14m ago EAST CAPITAL EXPLORER AB : Notice of an Extraordinary General Meeting of East Capital Explorer AB (publ)
14m ago AB SCIENCE : Masitinib Treatment of Gleevec®-resistant Gastro-Intestinal Stromal Tumor
Latest news
Advertisement
Hot News 
MAGELLAN HEALTH SERVICES : Behavioral Health of Pennsylvania Offers 2nd Report to the Community
ROYAL BANK OF SCOTLAND : *traders: ubs raises rbs to 'neutral' ('sell')
BRITISH SKY BROADCASTING : *traders: nomura raises bskyb to 'neutral' ('reduce')
MAXWELL TECHNOLOGIES : Schedules Its 2nd Quarter Financial Results Release, Conference Call and Webcast
CTRIP : to Post 2Q Financial Results
Most Read News
1d ago WAL MART STORES : Man Charged With Arson In Fire At Stevens Church
1d ago NORFOLK SOUTHERN : Columbia Street Closing For Repairs
1d ago MOODY : Blues ; Guiding Pennsylvania Out Of The Recession And Its Consequences, As Well As The Gathering Storm Of Pension Payments, Requires Creative...
1d ago J B HUNT TRANSPORT SERVICES : JBHT Recommits to Established Policy of Hiring National Guard and Reserve Employees
2h ago QUESTERRE ENERGY : updates Montney activities
Most recommended articles
3m ago TRINITY MIRROR : sees full-year results ahead of forecasts
5m agoDJDollar Nearly Flat Against Rivals Ahead Of US Econ Data, FOMC
24m ago U.S. food group CEO to brief media as McDonald's feels pinch in China food scandal
38m ago Ryanair lifts profit guidance after first quarter surge
42m ago Pfizer's need for deal looms larger with earnings report
Dynamic quotes  
ON
| OFF