Hubbell Incorporated Declares Regular Quarterly Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Hubbell Incorporated (NYSE:HUBB) has announced its Board of Directors has declared a regular quarterly dividend of $1.32 per share on the Company's common stock. The dividend will be paid on March 17, 2025 to shareholders of record as of February 28, 2025.

The company, which manufactures utility and electrical solutions for critical infrastructure operations, reported revenues of $5.4 billion in 2023. Hubbell's solutions focus on energizing economies and electrifying communities both in front of and behind the meter.

Positive

Maintaining consistent quarterly dividend payments of $1.32 per share
Strong revenue performance with $5.4 billion in 2023

Negative

None.

News Market Reaction 1 Alert

-0.83% News Effect

On the day this news was published, HUBB declined 0.83%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

01/31/2025 - 01:00 PM

Shelton, CT, Jan. 31, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.32 per share on the Company’s common stock. The dividend will be paid March 17, 2025 to shareholders of record on February 28, 2025.

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2023 revenues of $5.4 billion, Hubbell solutions energize economies and electrify communities in front of and behind the meter. The corporate headquarters is located in Shelton, CT.

Contact:     Dan Innamorato
                   Hubbell Incorporated
                   40 Waterview Drive
                   P.O Box 1000
                   Shelton, CT 06484