The increased quarterly dividend will be paid on April 9, 2010 to shareholders of record on March 8, 2010.
"I am pleased to announce a dividend increase to benefit our shareholders. The increase is reflective of the confidence we have in the positioning of the Company and the outlook for a slowly recovering economy," said Timothy H. Powers, Chairman, President and Chief Executive Officer.
Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. With 2009 revenues of $2.4 billion, Hubbell Incorporated operates manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People's Republic of China, Italy, the United Kingdom, Brazil and Australia. Hubbell also participates in joint ventures in Taiwan and Hong Kong, and maintains sales offices in Singapore, the People's Republic of China, Mexico, South Korea, and the Middle East. The corporate headquarters is located in Orange, CT.
SOURCE: Hubbell Incorporated
William R. Sperry, 203-799-4100