Hubbell Declares Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Hubbell Incorporated (NYSE:HUBB) has declared a quarterly dividend of $1.12 per share, payable on March 15, 2023, to shareholders of record by February 28, 2023. This reflects the company's commitment to returning value to its investors. Hubbell, a leading manufacturer of utility and electrical solutions, recorded $4.2 billion in revenue for 2021, highlighting its capacity to support critical infrastructure. The corporate headquarters is located in Shelton, CT.

Positive

• Declared quarterly dividend of $1.12 per share demonstrates financial stability.
• 2021 revenues of $4.2 billion indicate strong market position.

Negative

• None.

Shelton, CT, Jan. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on March 15, 2023 to shareholders of record on February 28, 2023. 

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 solutions energize 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

FAQ

What is the dividend amount declared by Hubbell Incorporated?

Hubbell Incorporated declared a quarterly dividend of $1.12 per share.

When will the dividend for HUBB be paid?

The dividend will be paid on March 15, 2023.

What is the record date for the dividend payment of HUBB?

The record date for the dividend payment is February 28, 2023.

How much revenue did Hubbell Incorporated generate in 2021?

Hubbell Incorporated generated $4.2 billion in revenue in 2021.

What does Hubbell Incorporated do?

Hubbell Incorporated manufactures utility and electrical solutions for critical infrastructure.