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Hubbell Raises Dividend
ORANGE, Conn.--(BUSINESS WIRE)--June 8, 2000--The Board of Directors of Hubbell Incorporated (NYSE: HUBA, HUBB) today declared an increase in the common stock dividend rate. The new annual payment rate of $1.32 per share or $.33 per quarter, compares to the former annual rate of $1.28, or $.32 per quarter. The Board's action marks the 40th increase in Hubbell's cash dividend rate in the last 40 years.

The increased quarterly dividend will be paid on July 11, 2000, to holders of record on June 19, 2000. Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for commercial, industrial, utility, and telecommunications markets. With $1.4 billion in annual revenues, Hubbell Incorporated operates manufacturing facilities in North America, Puerto Rico, Mexico, Switzerland, and the United Kingdom, participates in joint ventures in Taiwan, and maintains sales offices in the Malaysia, Hong Kong, South Korea, and the Middle East. The corporate headquarters is located in Orange, CT.