Hubbell Inc. (HUBB) Raises Quarterly Dividend 7.1% to $1.05; 2.2% Yield

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Hubbell Inc. (HUBB) Sells Commercial and Industrial Lighting Business to GE Current for $350M Cash

October 26, 2021 7:36 AM EDT

Hubbell Incorporated (NYSE: HUBB) today announced the execution of a definitive agreement to sell its Commercial and Industrial Lighting business to GE Current, a Daintree company, for a cash purchase price of $350 million, subject to customary adjustments with respect to working capital and net indebtedness. The business... More