Hubbell Incorporated announces a 7% dividend increase, effective December 15, 2026, enhancing shareholder returns.
Quiver AI Summary
Hubbell Incorporated's Board of Directors has announced a 7% increase in its common stock dividend, raising the annual payment to $6.08 per share, or $1.52 per quarter, from the previous rate of $5.68 per share, or $1.42 per quarter. This dividend is set to be paid on December 15, 2026, to shareholders who are on record as of November 30, 2026. Hubbell, based in Shelton, CT, is a prominent manufacturer of utility and electrical solutions, reporting revenues of $5.8 billion in 2025, and plays a key role in supporting critical infrastructure and community energy needs.
Potential Positives
- The Board of Directors declared a 7% increase in the common stock dividend rate, demonstrating the company's commitment to returning value to shareholders.
- The new annual dividend payment of $6.08 per share indicates strong financial performance and growth potential.
- The increase in dividends may attract more investors, positively impacting the stock price and market perception of the company.
Potential Negatives
- There may be concerns about the company's financial health if a 7% dividend increase is seen as a signal to offer more attractive returns in a challenging market environment.
FAQ
What is the new dividend rate declared by Hubbell Incorporated?
The new dividend rate is $6.08 per share annually and $1.52 per quarter.
When will the new dividend be paid?
The new dividend will be paid on December 15, 2026.
Who is eligible to receive the dividend?
Shareholders of record on November 30, 2026, will be eligible for the dividend payment.
What was the previous dividend rate before the increase?
The previous dividend rate was $5.68 per share annually and $1.42 per quarter.
What does Hubbell Incorporated specialize in?
Hubbell Incorporated specializes in utility and electrical solutions for critical infrastructure operations.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HUBB Insider Trading Activity
$HUBB insiders have traded $HUBB stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HUBB stock by insiders over the last 6 months:
- NERO JONATHAN M. DEL (Vice President, Controller) sold 547 shares for an estimated $283,653
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HUBB Revenue
$HUBB had revenues of $1.7B in Q2 2026. This is an increase of 15.33% from the same period in the prior year.
You can track HUBB financials on Quiver Quantitative's HUBB stock page.
You can access data on HUBB stock through the Quiver Quantitative API.
$HUBB Congressional Stock Trading
Members of Congress have traded $HUBB stock 16 times in the past 6 months. Of those trades, 15 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HUBB stock by members of Congress over the last 6 months:
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 16 times. They made 15 purchases worth up to $330,000 on 08/19, 08/18, 08/14, 08/03, 07/23, 06/17, 06/09, 06/08, 06/04, 06/03, 05/29, 05/28, 05/21, 05/14, 05/13 and 1 sale worth up to $250,000 on 08/25.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$HUBB Hedge Fund Activity
We have seen 477 institutional investors add shares of $HUBB stock to their portfolio, and 394 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 1,317,881 shares (-63.0%) from their portfolio in Q2 2026, for an estimated $689,515,339
- JPMORGAN CHASE & CO added 640,449 shares (+inf%) to their portfolio in Q2 2026, for an estimated $335,082,916
- BANK OF NEW YORK MELLON CORP removed 561,541 shares (-27.3%) from their portfolio in Q2 2026, for an estimated $293,798,251
- FIL LTD removed 539,422 shares (-84.3%) from their portfolio in Q2 2026, for an estimated $282,225,590
- SELECT EQUITY GROUP, L.P. added 460,923 shares (+123.1%) to their portfolio in Q2 2026, for an estimated $241,154,913
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 335,232 shares (+inf%) to their portfolio in Q2 2026, for an estimated $175,393,382
- MAN GROUP PLC added 314,612 shares (+1090.6%) to their portfolio in Q2 2026, for an estimated $164,604,998
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$HUBB Price Targets
Multiple analysts have issued price targets for $HUBB recently. We have seen 3 analysts offer price targets for $HUBB in the last 6 months, with a median target of $560.0.
Here are some recent targets:
- Tommy Moll from Stephens & Co. set a target price of $600.0 on 05/04/2026
- Julian Mitchell from Barclays set a target price of $503.0 on 05/04/2026
- Joseph O'Dea from Wells Fargo set a target price of $560.0 on 05/01/2026
Full Release
Shelton, CT, Oct. 23, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 7% increase in its common stock dividend rate. The new annual payment of $6.08 per share, or $1.52 per quarter, compares to the former rate of $5.68 per share, or $1.42 per quarter. The dividend will be paid on December 15, 2026 to shareholders of record on November 30, 2026.
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2025 revenues of $5.8 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.
Contact: Dan Innamorato
Hubbell Incorporated
40 Waterview Drive
P.O Box 1000
Shelton, CT 06484
