Hubbell Raises Quarterly Dividend by 8.9%

By Colin Kellaher

Hubbell’s board has raised the utility and electrical solutions maker’s quarterly dividend by 8.9%, to $1.22 from $1.12.

The new payout, equal to $4.88 a year, represents an annual yield of about 1.73% based on Thursday’s closing price of $281.85, up from 1.59%.

The…