Powell Industries Declares Quarterly Cash Dividend
Powell Industries, Inc. (NASDAQ: POWL) has announced a quarterly cash dividend of $0.26 per share, payable on September 15, 2021. Shareholders of record as of August 18, 2021 are eligible to receive this dividend. Powell Industries specializes in engineered solutions for the management and distribution of electrical energy, catering to large industrial clients including utilities and oil producers. This dividend declaration reflects the company's commitment to returning value to its shareholders.
- Quarterly dividend of $0.26 per share increases shareholder income.
- Demonstrates company confidence in financial stability.
- None.
HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of
Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations and commuter railways. For more information, please visit powellind.com.
Contact:
Michael Metcalf, CFO
Powell Industries, Inc.
713-947-4422
Robert Winters or Ryan Coleman
Alpha IR Group
POWL@alpha-ir.com
312-445-2870
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SOURCE Powell Industries
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