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Powell Industries Declares Quarterly Cash Dividend

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Powell Industries, a leader in custom engineered solutions for electrical energy management, has declared a quarterly cash dividend of $0.26 per share. This dividend is payable on December 16, 2020, to shareholders of record by November 18, 2020. The company continues to serve large industrial markets, including utilities and oil and gas sectors, ensuring ongoing income streams for its investors.

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  • Quarterly cash dividend of $0.26 per share declared, fostering shareholder income.
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  • None.

HOUSTON, Nov. 3, 2020 /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 $0.26 per share.  The dividend is payable on December 16, 2020 to shareholders of record at the close of business on November 18, 2020.

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

FAQ

When is the next dividend payment for POWL?

The next dividend payment for POWL is scheduled for December 16, 2020.

What is the amount of the dividend declared by Powell Industries?

Powell Industries declared a quarterly cash dividend of $0.26 per share.

What is the record date for Powell Industries' dividend?

The record date for Powell Industries' dividend is November 18, 2020.

How often does Powell Industries pay dividends?

Powell Industries pays dividends quarterly.

Powell Industries Inc

NASDAQ:POWL

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3.39B
11.99M
21.9%
99.3%
13.77%
Electrical Equipment & Parts
Switchgear & Switchboard Apparatus
Link
United States of America
HOUSTON