Powell Industries Declares a Cash Dividend
Powell Industries, Inc. (NASDAQ: POWL), recognized as a leader in engineered solutions for electrical energy, announced a quarterly cash dividend of $0.2650 per share. The dividend's distribution is set for December 18 to all shareholders recorded by November 20.
Company Overview
Located in Houston, Powell Industries excels in designing, manufacturing, and servicing custom-engineered systems and equipment specifically for electrical energy distribution, control, and monitoring. Its clientele includes significant industrial sectors, such as utilities, oil and gas producers, petrochemical plants, mining, and more.
Market Impact and Services
Distributed to a wide array of markets, Powell’s solutions play a vital role in electricity management for large industrial customers. Their commitment to innovation and technological advancement positions them as a trusted partner in navigating the complexities of energy demands.
Contact Information
For further inquiries, Michael Metcalf, CFO at Powell Industries, can be reached directly at 713-947-4422. Additionally, you can connect with representatives from Alpha IR Group, Robert Winters, or Ryan Coleman at 312-445-2870 or via email at POWL@alpha-ir.com.
Frequently Asked Questions
What is the amount of the declared dividend from Powell Industries?
The declared dividend is $0.2650 per share.
When will the dividend be paid out?
The dividend will be payable on December 18, 2024.
Who is eligible to receive the dividend?
Shareholders of record as of November 20, 2024, will be eligible to receive the dividend.
What sectors does Powell Industries serve?
Powell Industries serves various sectors including utilities, oil and gas, petrochemicals, and mining.
How can I contact Powell Industries for more information?
You can contact Michael Metcalf at 713-947-4422 or reach out to the Alpha IR Group via email at POWL@alpha-ir.com.