Hubbell Incorporated Declares Regular Quarterly Dividend

Rhea-AI Summary

Hubbell Incorporated (NYSE: HUBB) has declared a quarterly dividend of $1.12 per share on its common stock. This dividend, payable on June 15, 2023, is set for shareholders on record as of May 31, 2023. The company reported revenues of $4.9 billion in 2022, emphasizing its role as a leading manufacturer in the electrical and utility solutions sector.

Hubbell's products are essential for the reliable and efficient operation of critical infrastructure, supporting energy delivery both in front of and behind the meter. The corporate headquarters is located in Shelton, CT.

Positive

• Quarterly dividend of $1.12 per share enhances shareholder income.
• 2022 revenues of $4.9 billion demonstrate strong market performance.

Negative

• None.

Shelton, CT, April 21, 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 June 15, 2023 to shareholders of record on May 31, 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 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 for June 2023?

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

When will Hubbell's dividend be paid?

The dividend will be paid on June 15, 2023.

What is the record date for Hubbell's dividend?

The record date for the dividend is May 31, 2023.

How much revenue did Hubbell report in 2022?

Hubbell reported revenues of $4.9 billion in 2022.

What is Hubbell's primary business focus?

Hubbell focuses on manufacturing utility and electrical solutions.