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Powell Industries Declares Quarterly Cash Dividend

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Powell Industries (NASDAQ: POWL) has declared a quarterly cash dividend of $0.2650 per share, payable on September 18, 2024 to shareholders of record as of August 14, 2024. The company, headquartered in Houston, Texas, is a leading supplier of custom-engineered solutions for electrical energy management, control, and distribution. Powell serves diverse markets including oil and gas, petrochemical, electric utility, light rail traction power, and various industrial sectors such as data centers, mining, and pulp and paper. Their products are important for protecting and controlling electrically powered equipment in these industries.

Powell Industries (NASDAQ: POWL) ha dichiarato un dividendo in contante trimestrale di $0,2650 per azione, che verrà corrisposto il 18 settembre 2024 agli azionisti registrati al 14 agosto 2024. L'azienda, con sede a Houston, Texas, è un fornitore leader di soluzioni ingegneristiche personalizzate per la gestione, il controllo e la distribuzione dell'energia elettrica. Powell serve mercati diversi, tra cui petrolio e gas, petrolchimico, utilità elettriche, alimentazione per tram leggeri e vari settori industriali come centri di dati, estrazione mineraria e industria della cellulosa e della carta. I loro prodotti sono fondamentali per la protezione e il controllo delle apparecchiature elettricamente alimentate in questi settori.

Powell Industries (NASDAQ: POWL) ha declarado un dividendo en efectivo trimestral de $0.2650 por acción, que se pagará el 18 de septiembre de 2024 a los accionistas registrados a fecha de 14 de agosto de 2024. La empresa, con sede en Houston, Texas, es un proveedor líder de soluciones de ingeniería a medida para la gestión, el control y la distribución de energía eléctrica. Powell atiende a diversos mercados, incluidos petróleo y gas, petroquímico, servicios públicos eléctricos, alimentación de trenes ligeros y varios sectores industriales como centros de datos, minería y pulpa y papel. Sus productos son importantes para proteger y controlar el equipo alimentado eléctricamente en estos sectores.

Powell Industries (NASDAQ: POWL)는 주당 $0.2650의 분기 현금 배당금을 선언했으며, 이는 2024년 9월 18일에 배당금이 지급됩니다. 배당금 지급 기준일은 2024년 8월 14일입니다. 텍사스 휴스턴에 본사를 둔 이 회사는 전력 관리, 제어 및 배급을 위한 맞춤형 엔지니어링 솔루션의 선도적인 공급업체입니다. Powell은 석유 및 가스, 석유화학, 전기 유틸리티, 경량 궤도 전력 및 데이터 센터, 광업, 펄프 및 종이와 같은 다양한 산업 부문을 포함한 다양한 시장에 서비스를 제공합니다. 이들의 제품은 이러한 산업에서 전기를 사용하는 장비를 보호하고 제어하는 데 중요합니다.

Powell Industries (NASDAQ: POWL) a annoncé un dividende trimestriel en espèces de 0,2650 $ par action, payable le 18 septembre 2024 aux actionnaires inscrits au 14 août 2024. L'entreprise, dont le siège est à Houston, Texas, est un fournisseur leader de solutions d'ingénierie sur mesure pour la gestion, le contrôle et la distribution de l'énergie électrique. Powell dessert divers marchés, notamment le pétrole et le gaz, la pétrochimie, les services publics électriques, la traction des tramways légers et divers secteurs industriels tels que les centres de données, l'exploitation minière et l'industrie de la pâte et du papier. Leurs produits sont essentiels pour protéger et contrôler les équipements alimentés électriquement dans ces secteurs.

Powell Industries (NASDAQ: POWL) hat eine vierteljährliche Barausschüttung von $0,2650 pro Aktie erklärt, die am 18. September 2024 an die Aktionäre ausgezahlt wird, die am 14. August 2024 im Aktienregister stehen. Das Unternehmen mit Sitz in Houston, Texas, ist ein führender Anbieter von maßgeschneiderten Ingenieurlösungen für das Management, die Steuerung und die Verteilung von elektrischer Energie. Powell bedient verschiedene Märkte, darunter Öl und Gas, Petrochemie, Elektrizitätsversorgung, leichte Schienenverkehrsstromversorgung und verschiedene industrielle Sektoren wie Rechenzentren, Bergbau sowie Zellstoff- und Papierindustrie. Ihre Produkte sind entscheidend für den Schutz und die Steuerung elektrisch betriebener Geräte in diesen Industrien.

Positive
  • Consistent dividend payment indicates financial stability
  • Diverse market presence across multiple industries
  • Specialized in custom-engineered solutions for critical infrastructure
Negative
  • None.

HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- 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 of $0.2650 per share. The dividend is payable on September 18, 2024 to shareholders of record at the close of business on August 14, 2024.

Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment.  Powell Industries, Inc. serves the oil and gas and petrochemical markets that include onshore and offshore production, hydrogen, carbon capture, liquefied natural gas (LNG) facilities and terminals, pipelines, refineries, and petrochemical plants. Additional markets include electric utility, light rail traction power, and commercial and other industrial markets that include end markets such as data centers, mining and metals, and pulp and paper. 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

FAQ

What is the dividend amount declared by Powell Industries (POWL) for Q3 2024?

Powell Industries (POWL) has declared a quarterly cash dividend of $0.2650 per share for Q3 2024.

When is the dividend payable for Powell Industries (POWL) shareholders?

The dividend is payable on September 18, 2024 to shareholders of record at the close of business on August 14, 2024.

What industries does Powell Industries (POWL) serve?

Powell Industries serves various industries including oil and gas, petrochemical, electric utility, light rail traction power, data centers, mining and metals, and pulp and paper.

What type of products does Powell Industries (POWL) manufacture?

Powell Industries develops, designs, manufactures, and services custom-engineered equipment and systems for distributing, controlling, and monitoring electrical energy flow, as well as protecting electrical equipment.

Powell Industries Inc

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