POWELL INDUSTRIES DECLARES QUARTERLY CASH DIVIDEND
Powell Industries, Inc. (NASDAQ: POWL) has declared a quarterly cash dividend of $0.26 per share, payable on December 14, 2022. Shareholders of record by November 16, 2022 will be eligible for this dividend. Powell specializes in custom-engineered solutions for the management and distribution of electrical energy across various industries, including utilities and oil and gas. This dividend announcement reflects the company's ongoing commitment to returning value to shareholders.
- Quarterly cash dividend of $0.26 per share, indicating strong cash flow management.
- Payment date set for December 14, 2022, demonstrating a commitment to shareholder returns.
- None.
HOUSTON, Nov. 3, 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 | |
312-445-2870 |
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SOURCE Powell Industries
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