Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

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
React to this article
Latest news
Date Title
05:28a RWE Innogy near 1.3 billion-pound UK Galloper wind park deal
05:27a ASEANA PROPERTIES : Loss Widens As Revenue Falls By Almost Half
05:26aDJU.K. Confirmed As One of Fastest-Growing Western Nations
05:26aDJEurozone Businesses, Households More Upbeat
05:25a CHUN WO DEVELOPMENT : Poll Results of the Annual General Meeting held on 28 August 2015
05:25a STAMFORD TYRES : Replace - Annual General Meeting :: Voluntary
05:25a ISTAT ISTITUTO NAZIONALE DI STATISTICA : Contractual wages and salaries
05:25a FIRSTFARMS A/S : 28-08-2015 Report on insiders trade with FirstFarms A/S' shares
05:25a FIRST REAL ESTATE INVESTMENT : Change Of Company Secretary
05:25a UNI BIO SCIENCE : Notification letter
Latest news
Advertisement
Hot News 
MOLYCORP : Massive Mojave mine Molycorp to close, taking nearly 500 jobs
RARE EARTH MINERALS : Sonora Project Signs Lithium Supply Contract
CANDOVER INVESTMENTS : Interim Management Statement June 2015
REALDOLMEN : First quarter 2015-2016 trading update
BUSHVELD MINERALS : Lemur Resources - Removal from Official List
Most Read News
08/27 IOWA ENERGY CENTER : Energy Department Announces $10 Million in Funding Opportunities
08/27 SHAREHOLDER ALERT : Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in AAC Holdings, Inc. to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit – AAC
08/27 Photo Release -- Eckrich and Operation Homefront Honor Military Family
08/27 UNITED COMPANY RUSAL PLC : Cancellation of the Corporate Ruble Bonds
08/27 SHAREHOLDER ALERT : Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Plains All American Pipeline, L.P. or Plains GP Holdings, L.P. to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit – PAA, PAGP
Most recommended articles
05:28a RWE Innogy near 1.3 billion-pound UK Galloper wind park deal
05:26aDJU.K. Confirmed As One of Fastest-Growing Western Nations
05:26aDJEurozone Businesses, Households More Upbeat
05:20a FTSE steadies, energy and mining sectors gain
05:17aDJEurozone Businesses, Households More Upbeat