Powell Industries Declares Quarterly Cash Dividend
Powell Industries, Inc. (NASDAQ: POWL) has declared a quarterly cash dividend of $0.26 per share, payable on June 16, 2021. Shareholders of record on May 19, 2021 will receive this dividend. The company, based in Houston, specializes in custom-engineered solutions for managing, controlling, and distributing electrical energy, catering to industries including utilities, oil and gas, and mining.
- Declared a quarterly cash dividend of $0.26 per share, indicating financial stability.
- Demonstrates commitment to returning value to shareholders.
- None.
HOUSTON, May 4, 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 | |
312-445-2870 |
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SOURCE Powell Industries
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