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Hubbell Incorporated Declares 8% Dividend Increase

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Hubbell Incorporated (NYSE:HUBB) announced an 8% increase in its common stock dividend rate. The new annual payment will be $5.28 per share ($1.32 quarterly), up from the previous $4.88 per share ($1.22 quarterly). The dividend is payable on December 16, 2024, to shareholders of record on November 29, 2024. The company, which manufactures utility and electrical solutions, reported 2023 revenues of $5.4 billion.

Hubbell Incorporated (NYSE:HUBB) ha annunciato un aumento del 8% nel tasso di dividendo delle azioni ordinarie. Il nuovo pagamento annuale sarà di $5.28 per azione ($1.32 trimestrale), in aumento rispetto ai precedenti $4.88 per azione ($1.22 trimestrale). Il dividendo sarà pagabile il 16 dicembre 2024 agli azionisti registrati il 29 novembre 2024. L'azienda, che produce soluzioni per utilità ed elettricità, ha riportato entrate di $5.4 miliardi nel 2023.

Hubbell Incorporated (NYSE:HUBB) anunció un aumento del 8% en su tasa de dividendo de acciones ordinarias. El nuevo pago anual será de $5.28 por acción ($1.32 trimestral), un aumento respecto a los $4.88 por acción anteriores ($1.22 trimestral). El dividendo se pagará el 16 de diciembre de 2024 a los accionistas registrados el 29 de noviembre de 2024. La empresa, que fabrica soluciones eléctricas y de servicios públicos, reportó ingresos de $5.4 mil millones en 2023.

허벨 주식회사 (NYSE:HUBB)는 보통주 배당률을 8% 인상했다고 발표했습니다. 새로운 연간 배당금은 주당 $5.28 ($1.32 분기별)로 이전의 주당 $4.88 ($1.22 분기별)에서 증가했습니다. 배당금은 2024년 12월 16일에 지급되며, 2024년 11월 29일 기준 주주들에게 지급됩니다. 유틸리티 및 전기 솔루션을 제조하는 이 회사는 2023년 수익이 $54억이라고 보고했습니다.

Hubbell Incorporated (NYSE:HUBB) a annoncé une augmentation de 8% de son taux de dividende sur les actions ordinaires. Le nouveau paiement annuel sera de 5,28 $ par action (1,32 $ trimestriel), en hausse par rapport à l'ancien montant de 4,88 $ par action (1,22 $ trimestriel). Le dividende sera payable le 16 décembre 2024 aux actionnaires inscrits le 29 novembre 2024. L'entreprise, qui fabrique des solutions utilitaires et électriques, a déclaré des revenus de 5,4 milliards de dollars en 2023.

Hubbell Incorporated (NYSE:HUBB) gab eine 8%ige Erhöhung seiner Dividendenrate für Stammaktien bekannt. Die neue jährliche Zahlung beträgt $5.28 pro Aktie ($1.32 vierteljährlich), ansteigend von den vorherigen $4.88 pro Aktie ($1.22 vierteljährlich). Die Dividende ist am 16. Dezember 2024 zahlbar für Aktionäre, die am 29. November 2024 im Aktienregister stehen. Das Unternehmen, das Lösungen für Versorgungsunternehmen und Elektrik herstellt, berichtete von Einnahmen in Höhe von $5,4 Milliarden im Jahr 2023.

Positive
  • 8% dividend increase demonstrates strong financial position
  • New annual dividend of $5.28 per share provides enhanced shareholder returns
  • Solid revenue base of $5.4 billion in 2023
Negative
  • None.

Shelton, CT, Oct. 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 8% increase in its common stock dividend rate. The new annual payment of $5.28 per share, or $1.32 per quarter, compares to the former rate of $4.88 per share, or $1.22 per quarter. The dividend will be paid on December 16, 2024 to shareholders of record on November 29, 2024.

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


FAQ

What is Hubbell's new quarterly dividend payment for 2024?

Hubbell's (HUBB) new quarterly dividend payment is $1.32 per share, effective December 16, 2024.

How much did Hubbell increase its dividend in October 2024?

Hubbell (HUBB) increased its dividend by 8%, raising the annual payment from $4.88 to $5.28 per share.

When is Hubbell's next dividend payment date?

Hubbell's (HUBB) next dividend payment is scheduled for December 16, 2024, for shareholders of record as of November 29, 2024.

What was Hubbell's revenue in 2023?

Hubbell (HUBB) reported revenues of $5.4 billion for the year 2023.

Hubbell Incorporated

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22.81B
53.69M
0.36%
93.17%
4.28%
Electrical Equipment & Parts
Electronic Components & Accessories
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United States of America
SHELTON