Key Developments: Hubbell Inc (HUBa.N)
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17 Jun 2013
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Latest Key Developments (Source: Significant Developments)
Hubbell Inc Declares Quarterly Dividend Payment
Hubbell Inc announced that it has declared a regular quarterly dividend of $0.45 per share on the Company's Class A and Class B common stock. The dividend will be paid on June 14, 2013 to shareholders of record on May 31, 2013. Full Article
Hubbell Inc Reaffirms FY 2013 Revenue Guidance-Conference Call
Hubbell Inc announced that for fiscal 2013, it continue to expect overall sales to increase in the 3% to 5% range with completed acquisitions contributing 2% of the growth. The Company reported revenues of $3.044 billion in fiscal 2012. Full Article
Hubbell Inc Declares Quarterly Dividend Payment
Hubbell Inc announced that regular quarterly dividend of $0.45 per share on the Company's Class A and Class B common stock. The dividend will be paid on March 15, 2013 to shareholders of record on March 1, 2013. Full Article
Hubbell Inc Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Hubbell Inc announced that for fiscal 2013, it expects overall sales to increase in the 3% to 5% range comprised of low single digit growth from organic volume and 2% from acquisitions. The Company expect the volume increases to be more weighted towards the second half of fiscal 2013, due to anticipated strengthening in the markets and more favorable comparisons to the prior year. The Company reported revenues of $3.044 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $3.220 billion for fiscal 2013. Full Article
Hubbell Inc Announces Dividend
Hubbell Inc announced that it is raising quarterly dividend to 45 cents from 41 cents, and will pay next dividend in December instead of January. The Company said the dividend is payable December 26 to shareholders of record on December 14. Full Article
Hubbell Inc Names David G. Nord As President And Chief Executive Officer-DJ
Dow Jones reported that Hubbell Incorporated announced the appointment of David G. Nord to the position of President and Chief Executive Officer (CEO). Additionally, Mr. Nord has been appointed to Hubbell's Board of Directors. Dave will move into his new roles effective January 1, 2013. Current CEO Timothy Powers will continue to serve as Chairman of the Board. Full Article
Hubbell Inc Sees FY 2012 Revenue Guidance At Low End Of Prior Range-Conference Call
Hubbell Inc. announced that for fiscal 2012, it expects sales to increase 6%. The Company reported revenues of $2.824 billion in fiscal 2011. Full Article
Hubbell Inc Reaffirms FY 2012 Guidance-Conference Call
Hubbell Inc. announced that for fiscal 2012, it expects sales to increase 6%-8%. The Company reported revenues of $2.824 billion in fiscal 2011. Full Article
Hubbell Inc Declares Regular Quarterly Dividend
Hubbell Inc announced that the Board of Directors declared a regular quarterly dividend of $0.41 per share on the Company’s Class A and Class B common stock. The dividend will be paid on October 11, 2012 to shareholders of record on September 24, 2012. Full Article
Hubbell Inc. Reaffirms FY 2012 Revenue Guidance-Conference Call
Hubbell Inc. announced that for fiscal 2012, it expects sales to increase 6%-8%. The Company reported revenues of $2.824 billion in fiscal 2011. Full Article
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