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Hubbell Incorporated Declares 9% Dividend Increase

October 27, 2023 at 12:00 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

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.

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

Source: Hubbell Inc.