Hubbell Incorporated (NYSE:HUBB) had declared a cash dividend of $0.6300 on Jul 22, 2016. The shares will quote ex-dividend on Aug 29, 2016 and the record date has been fixed for Aug 31, 2016. On Jul 22, 2016 share price, the yield comes out to be 2.3837%. The dividend payable date has been fixed on Sep 15, 2016.
In a different note, Barrington Research said it Initiates Coverage on Hubbell Incorporated, according to a research note issued on May 13, 2016. The shares have been rated ‘Neutral’ by the firm.
Several Insider Transactions has been reported to the SEC. On Mar 7, 2016, William R Sperry (Senior Vice President & CFO) sold 2,500 shares at $101.05 per share price.Also, On Feb 5, 2016, David G Nord (Chairman, President & CEO) sold 14,438 shares at $91.95 per share price.
Hubbell Incorporated (Hubbell) 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. The Company operates in two segments: Electrical and Power. The Electrical segment consists of electrical systems products and lighting products. The Electrical segment consists of businesses which sell stock and custom products including standard and special application wiring device products rough-in electrical products connector and grounding products lighting fixtures and controls. It also offers light-emitting diode (LED) luminaire products. The Power segment designs and manufactures various distribution transmission substation and telecommunication products used by the electrical utility industry. It offers these products to electric utilities telecommunication companies pipeline and mining operations and construction and engineering firms among others.