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Ex-Dividend Reminder: Hubbell, Northrop Grumman Corp and Corning

By Dividend Channel Staff, Wednesday, February 23, 10:12 AM ET
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On 2/25/22, Hubbell Inc. (NYSE:HUBB), Northrop Grumman Corp (NYSE:NOC), and Corning Inc (NYSE:GLW) will all trade ex-dividend for their respective upcoming dividends. Hubbell Inc. will pay its quarterly dividend of $1.05 on 3/15/22, Northrop Grumman Corp will pay its quarterly dividend of $1.57 on 3/16/22, and Corning Inc will pay its quarterly dividend of $0.27 on 3/30/22.

As a percentage of HUBB's recent stock price of $178.53, this dividend works out to approximately 0.59%, so look for shares of Hubbell Inc. to trade 0.59% lower — all else being equal — when HUBB shares open for trading on 2/25/22. Similarly, investors should look for NOC to open 0.40% lower in price and for GLW to open 0.66% lower, all else being equal.

Below are dividend history charts for HUBB, NOC, and GLW, showing historical dividends prior to the most recent ones declared.

Hubbell Inc. (NYSE:HUBB):

Northrop Grumman Corp (NYSE:NOC):

Corning Inc (NYSE:GLW):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.35% for Hubbell Inc., 1.60% for Northrop Grumman Corp, and 2.62% for Corning Inc.


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In Wednesday trading, Hubbell Inc. shares are currently up about 0.7%, Northrop Grumman Corp shares are up about 0.4%, and Corning Inc shares are up about 0.1% on the day.


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