Hubbell Declares Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Hubbell declared a quarterly dividend of $0.98 per share on its common stock. This dividend will be paid on March 15, 2021, to shareholders recorded by February 26, 2021. Hubbell, a manufacturer of electrical and utility solutions, reported $4.6 billion in revenues for 2019 and operates globally from its headquarters in Shelton, CT.

Positive

• Quarterly dividend of $0.98 per share indicates strong financial performance and commitment to shareholders.
• 2019 revenues of $4.6 billion demonstrate substantial market presence.

Negative

• None.

SHELTON, CT, Jan. 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) today declared a regular quarterly dividend of $0.98 per share on the Company's common stock. The dividend will be paid on March 15, 2021 to shareholders of record on February 26, 2021.

Hubbell Incorporated is an international manufacturer of high quality, reliable electrical and utility solutions for a broad range of customer and end market 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.

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Contact:     Dan Innamorato
                   Hubbell Incorporated
                   40 Waterview Drive
                   P.O Box 1000
                   Shelton, CT 06484
                   (475) 882-4292

FAQ

What is the dividend amount declared by Hubbell?

Hubbell declared a quarterly dividend of $0.98 per share.

When will the dividend be paid?

The dividend will be paid on March 15, 2021.

What is the record date for Hubbell's dividend?

The record date for the dividend is February 26, 2021.

What were Hubbell's revenues in 2019?

Hubbell reported revenues of $4.6 billion in 2019.