Hubbell Inc (HUBB) To Go Ex-Dividend on August 31st

Hubbell Inc (NYSE:HUBB) declared a quarterly dividend on Friday, July 24th. Investors of record on Monday, August 31st will be paid a dividend of 1.42 per share by the industrial products company on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 31st.

Hubbell has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 17 consecutive years. Hubbell has a dividend payout ratio of 29.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Hubbell to earn $22.36 per share next year, which means the company should continue to be able to cover its $5.68 annual dividend with an expected future payout ratio of 25.4%.

Hubbell Stock Down 2.2%

HUBB stock opened at $459.86 on Friday. The stock has a market capitalization of $24.29 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 2.30 and a beta of 0.90. Hubbell has a 52 week low of $403.82 and a 52 week high of $565.50. The company has a quick ratio of 0.93, a current ratio of 1.61 and a debt-to-equity ratio of 1.22. The firm has a 50 day moving average of $491.58 and a 200 day moving average of $497.43.

Hubbell (NYSE:HUBB) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $5.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.39 by $0.13. The business had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.66 billion. Hubbell had a net margin of 14.49% and a return on equity of 27.11%. Hubbell’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.93 EPS. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Sell-side analysts forecast that Hubbell will post 20.41 earnings per share for the current year.

Hubbell Company Profile

Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.

The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.