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Hubbell Declares Regular Quarterly Dividend

The Board of Directors of Hubbell declared a quarterly dividend of $1.05 per share on common stock, payable on September 15, 2022, to shareholders of record by August 31, 2022.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

The Board of Directors of Hubbell declared a quarterly dividend of $1.05 per share on common stock, payable on September 15, 2022, to shareholders of record by August 31, 2022. In 2021, Hubbell generated revenues of $4.2 billion and is recognized as a leading manufacturer of utility and electrical solutions. With a global presence and headquarters in Shelton, CT, the company emphasizes the reliability and efficiency of critical infrastructure operations.

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Positive

  • Quarterly dividend of $1.05 per share supports shareholder income.
  • 2021 revenues of $4.2 billion indicate strong financial performance.

Negative

  • None.
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News Market Reaction – HUBB

The recorded move for HUBB in the trading session of this news was +1.42%.

Data tracked by StockTitan Argus. Session date unavailable.

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Shelton, CT, July 21, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) today declared a regular quarterly dividend of $1.05 per share on the Company's common stock. The dividend will be paid on September 15, 2022 to shareholders of record on August 31, 2022.

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2021 revenues of $4.2 billion, Hubbell Incorporated operates manufacturing facilities in the United States and around the world.  The corporate headquarters is located in Shelton, CT.

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Contact:     Dan Innamorato
                   Hubbell Incorporated
                   40 Waterview Drive
                   P.O Box 1000
                   Shelton, CT 06484
                   (475) 882-4000


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Hubbell?

The dividend amount declared by Hubbell is $1.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 15, 2022.

What is the record date for Hubbell's dividend payment?

The record date for the dividend payment is August 31, 2022.

How much revenue did Hubbell generate in 2021?

Hubbell generated revenues of $4.2 billion in 2021.

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