Le Lézard
Classified in: Oil industry, Business
Subject: DIV

Powell Industries Declares Quarterly Cash Dividend


HOUSTON, Feb. 2, 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 March 17, 2021 to shareholders of record at the close of business on February 17, 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


[email protected] 


312-445-2870

 

SOURCE Powell Industries


These press releases may also interest you

at 03:27
The SM group continues to expand its presence nationwide to serve more Filipinos and communities. "We will continue to invest in growth in the Philippines and we are committed to being a catalyst for responsible development. We have a young,...

at 03:25
UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com. This partnership is a major...

at 03:25
A news report from China Daily: Greater efforts are needed to strengthen international cooperation in science and technology, explore...

at 03:08
January?March 2024 compared with January?March 2023 Net sales declined to SEK 4,558m (4,813). The sales decrease was mainly due to lower selling prices. Delivery volumes increased compared with the preceding year due to a gradual ramp up of...

at 02:40
Highlights Underlying sales growth excluding OPM1 and Strategic Review2 of 3%. Strong operational progress in all divisions and continued execution momentum across our 2024 strategic priorities. Continuing to infuse our products with AI and...

at 02:29
Strong sales, all-time high earnings, and growing market shares due to the successful roll-out of Scania Super.?            Scania Group net sales grew by 20 percent to SEK 55.1 billion (45.8)Adjusted operating income reached SEK 8.0 billion (6.2)...



News published on and distributed by: