Hubbell Inc CL B Stock To Go Ex-dividend Tomorrow (HUB.B)

NEW YORK ( TheStreet) -- The ex-dividend date for Hubbell Inc CL B (NYSE: HUB.B) is tomorrow, June 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $64.05 as of 9:31 a.m. ET, the dividend yield is 2.4%.

The average volume for Hubbell Inc CL B has been 273,100 shares per day over the past 30 days. Hubbell Inc CL B has a market cap of $3.4 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 7.6% year to date as of the close of trading on Tuesday.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. The company operates in two segments, Electrical and Power. The company has a P/E ratio of 16.8, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Hubbell Inc CL B as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Hubbell Inc CL B Ratings Report.

See our dividend calendar or top-yielding stocks list.

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