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
React to this article
Latest news
Date Title
<1m ago Ifo economist - Signs of economic trend change mounting in Germany
<1m ago CME : Announces the Launch of a Suite of European Natural Gas Contracts on CME Europe
<1m ago INFORMA SWITZERLAND : *citigroup cuts informa to 'sell' ('neutral') - target 410 (550) pence
<1m ago MINR : Mindmancer integrates additional Axis cameras
1m ago IP : Modern Water plc - Directorate Change
1m ago INDUSTRIALEN BULGARIA AD : Deal of a subsidiary of IHB in accordance with Art. 114, 3 of POSA
1m ago NASDAQ OMX NORDIC NASDAQ OMX STOCKHOLM : Stockholm welcomes verisec to first north
1m ago EFTA SURVEILLANCE AUTHORITY : Internal Market: Norway to be brought to court over air pollution
1m ago NASDAQ OMX : Stockholm welcomes verisec to first north
1m ago IJM BHD : Dealings Disclosure: Dato' Khor Kiem Teoh
Latest news
Hot News 
DIXONS CARPHONE : Merged Dixons Carphone to axe 400 jobs
MARTINCO : Water bill warning for Welsh landlords
EVOCUTIS : Shares Surge On Brazil Tungsten Stake Acquisition
ANCHOR BANCORP WISCONSIN : Chris Bauer named a Community Banker of the Year by American Banker magazine
VOLCANO : Med-device maker, slashing jobs in Sacramento, sells for $1.2 billion
Most Read News
1d ago Wall St. rallies after Fed, energy gains; S&P 500 posts best day since 2013
1d ago HONEYWELL : Patent Issued for System and Method for Reducing Errors in a Resonator Fiber Optic Gyroscope
1d ago INSYDE SOFTWARE : "Method of Promptly Starting Windowed Applications Installed on a Mobile Operating System and Device Using the Same" in Patent Application Approval...
1d ago SONY : Patent Issued for Capturing Playback Key Events in BD Players
56m ago CHINA VANKE : home prices fall in November, threaten economic growth
Most recommended articles
3m agoDJSwedish Confidence Holds Up Better than Expected
5m agoDJEuropean Stocks Rally, Swiss Franc Falls
8m ago German business sentiment climbs in December to highest level since August
18m agoDJGENTING MALAYSIA BHD : Says Unit Fails to Get Casino License From New York Board
18m ago FTSE extends gains on Fed comments; gold miners lead
Dynamic quotes