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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.