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Hubbell Incorporated (NYSE:HUBB) has announced a 9% increase in its common stock dividend rate. The new annual payment will be $4.88 per share, compared to the former rate of $4.48 per share. The dividend will be paid on December 15, 2023.
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Hubbell Incorporated (NYSE:HUBB) has declared a 9% increase in its common stock dividend rate. The new annual payment of $4.88 per share is higher than the previous rate of $4.48 per share. This increase in dividend rate may attract investors looking for higher returns on their investment.
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Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate. The new annual payment of $4.88 per share, or $1.22 per quarter, compares to the former rate of $4.48 per share, or $1.12 per quarter. The dividend will be paid on December 15, 2023 to shareholders of record on November 30, 2023.
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.
hubbell incorporated is an international manufacturer of quality electrical and electronic products for a broad range of residential and non-residential construction, industrial and utility applications. with 2019 revenues of $4.6 billion, hubbell incorporated operates manufacturing facilities in the united states and around the world. the corporate headquarters is located in shelton, ct.
