Powell Industries Declares Quarterly Cash Dividend
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.
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) 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.
Details
News Market Reaction – POWL
On Aug 4, the first trading day after this news, POWL closed 3.80% below the previous close. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner recorded 10 alerts for this stock that day. That session’s volume was 1.9x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Aug 4 session.
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 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.