Powell Industries Declares Quarterly Cash Dividend
Rhea-AI Summary
Powell Industries (NASDAQ: POWL), a Houston-based supplier of custom engineered electrical energy solutions, has announced a quarterly cash dividend of $0.2675 per share. The dividend will be paid on September 17, 2025, to shareholders of record as of August 20, 2025.
The company specializes in developing, designing, manufacturing, and servicing custom-engineered equipment for electrical energy distribution and control. Powell primarily serves the oil and gas, petrochemical, electric utility, commercial, and industrial markets, with additional presence in light rail traction power, universities, and government sectors.
Positive
- Consistent dividend payment demonstrates financial stability
- Maintains shareholder return through quarterly dividends
Negative
- None.
News Market Reaction 14 Alerts
On the day this news was published, POWL declined 3.56%, reflecting a moderate negative market reaction. Argus tracked a trough of -11.0% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $105M from the company's valuation, bringing the market cap to $2.85B at that time. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Aug. 05, 2025 (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
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. primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Beyond these major markets, we also provide products and services to the light rail traction power market and other markets that include universities and government entities. We are continuously developing new channels to electrical markets through original equipment manufacturers and distribution market channels. 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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