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Powell Industries Declares Quarterly Cash Dividend

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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 $0.26 per share.  The dividend is payable on June 16, 2021 to shareholders of record at the close of business on May 19, 2021.

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

Powell Industries, Inc.

NASDAQ:POWL

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Switchgear and Switchboard Apparatus Manufacturing
Manufacturing
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Producer Manufacturing, Electrical Products, Manufacturing, Switchgear and Switchboard Apparatus Manufacturing
United States
Houston

About POWL

as a global manufacturer, we utilize our core values: customer first, respect for our employees, continuous improvement and “can-do” attitude, to solve our customers’ toughest problems. at powell, we believe in being a partner to our customers by providing innovative engineered electrical power solutions and services. our offerings include: low & medium voltage electrical distribution packages, electrical and valve servicing, and a wide number of automation systems to increase the overall safety of your system. be sure to follow us for updates & to visit our website for more information: powellind.com an equal opportunity employer/vet/disability