Powell Industries Declares Quarterly Cash Dividend
Rhea-AI Summary
Powell Industries (NASDAQ: POWL) announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock. The dividend will be payable on September 16, 2026 to shareholders of record as of the close of business on August 19, 2026.
Positive
- Quarterly dividend declared at $0.09 per share, payable September 16, 2026
Negative
- None.
Market Reaction – POWL
Following this news, POWL has declined 14.34%, reflecting a significant negative market reaction. Our momentum scanner has triggered 44 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $188.22. Trading volume is above average at 1.9x the average, suggesting increased trading activity.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Aug. 03, 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, 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 | |
| Alpha IR Group | |
| POWL@alpha-ir.com | |
| 312-445-2870 |
