Powell Industries Declares Quarterly Cash Dividend

Rhea-AI Summary

Powell Industries (NASDAQ: POWL) has announced a quarterly cash dividend of $0.2675 per share. The dividend will be paid on June 18, 2025, to shareholders of record as of the close of business on May 21, 2025.

Powell Industries is a Houston-based company that specializes in designing, manufacturing, and servicing custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. Their primary markets include utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, and commuter railways.

Positive

• Regular dividend payment demonstrates financial stability and commitment to shareholder returns
• Maintains consistent cash returns to shareholders through quarterly dividends

Negative

• None.

HOUSTON, May 06, 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 $0.2675 per share. The dividend is payable on June 18, 2025, to shareholders of record at the close of business on May 21, 2025.

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

FAQ

What is the dividend amount for Powell Industries (POWL) announced in May 2025?

Powell Industries announced a quarterly cash dividend of $0.2675 per share in May 2025.

When is the POWL dividend payable and what is the record date?

The dividend is payable on June 18, 2025, to shareholders of record at the close of business on May 21, 2025.

What industries does Powell Industries (POWL) serve?

Powell Industries serves large industrial customers including utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, and commuter railways.

What is Powell Industries' main business focus?

Powell Industries designs, manufactures, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy.