The ex-dividend date for Hubbell (NYSE:HUB.B) is tomorrow, September 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $54.98 as of 9:30 a.m., the dividend yield is 2.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for Hubbell (NYSE: HUB.B) is tomorrow, September 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $54.98 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for Hubbell has been 290,300 shares per day over the past 30 days. Hubbell has a market cap of $3 billion and is part of the technology sector and electronics industry. Shares are down 6.2% 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 14.5, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Hubbell as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Hubbell Ratings Report. See our dividend calendar or top-yielding stocks list.