Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Companies  >  All News

News : Companies

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

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

share with twitter share with LinkedIn share with facebook
share via e-mail
12/04/2012 | 10:17pm CET



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
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Companies"
02:11p TRANSITION METALS : Canadian Gold Miner and Osisko Mining team up to accelerate gold exploration projects in Ontario
02:11p RATING ACTION : Moody's assigns provisional ratings to SMBC 37th RMBS
02:11p ANNOUNCEMENT : Moody's: GIC's credit profile supported by solid capital adequacy and liquidity positions
02:11p RATING ACTION : Moody's assigns Baa1 ratings to Tritax Big Box REIT plc; stable outlook
02:11p EURO BERHAD : EIB-European Union boosts support for Ukraine ahead of Eastern Partnership Summit with new finance from the EU Bank
02:11p ANNOUNCEMENT : Moody's: Luxembourg's credit profile reflects high wealth levels, strong growth and sound institutions
02:11p BANK OF GREECE : - ELA-ceiling for Greek banks
02:11p PERSHING SQUARE : Announces Transactions in Own Shares
02:11p YUANTA FUTURES : FHC announces change of natural-person director of Futures(HK) and change in one-third or more of directors
02:11p FRONTIER COMMUNICATIONS CORP : Today’s Research Reports on Trending Tickers: Frontier Communications and Windstream Holdings, Inc.
Latest news "Companies"