POWELL INDUSTRIES DECLARES QUARTERLY CASH DIVIDEND
On February 1, 2022, Powell Industries declared a quarterly cash dividend of $0.26 per share on its common stock. This dividend will be payable on March 16, 2022 to shareholders of record by the close of business on February 16, 2022. Powell Industries, based in Houston, specializes in custom-engineered solutions for the management and distribution of electrical energy, catering to large industrial clients including utilities and petrochemical plants.
- Quarterly cash dividend of $0.26 per share demonstrates company profitability and commitment to shareholder returns.
- Dividend payment on March 16 indicates stable financial health and cash flow.
- None.
HOUSTON, Feb. 1, 2022 /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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