Hubbell Incorporated (HUBB) will raise its quarterly dividend from $0.63 to $0.70 per share.
The dividend will be paid on December 15, 2016 to shareholders of record on November 30, 2016.
Last year Hubbell hiked its dividend by 12.5%. Hubbell closed up 0.7% today at $104.60, giving the stock an estimated dividend yield of 2.7%.
Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications.Hubbell Incorporated operates manufacturing facilities in the United States and around the world. The corporate headquarters is located in Shelton, CT.