Powell Industries Declares Quarterly Cash Dividend
Powell Industries (NASDAQ: POWL) declared a quarterly cash dividend of $0.09 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Powell Industries (NASDAQ: POWL) declared a quarterly cash dividend of $0.09 per share. The dividend is payable on June 17, 2026 to shareholders of record at the close of business on May 20, 2026.
Powell Industries supplies custom engineered electrical distribution and protection equipment across oil & gas, utilities, industrial, light rail, universities and government markets.
Positive
- Dividend declared of $0.09 per share
- Payable June 17, 2026 to holders of record May 20, 2026
- Continues quarterly cash distribution to shareholders
Negative
- None.
Details
News Market Reaction – POWL
On May 5, the day this news came out, POWL closed 9.16% above the previous close.
Data tracked by StockTitan Argus for the May 5 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, May 05, 2026 (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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