Powell Industries Raises Quarterly Dividend to $0.27 Per Share, Sets March 18 Payout
The increase brings the annualized dividend to $1.08 from $1.07.
Overview
- The Board of Directors approved the higher cash dividend on the company’s common stock.
- Shareholders of record at the close of business on February 18, 2026 will be paid on March 18, 2026.
- The company disclosed the change in an official press release distributed via GlobeNewswire.
- Powell Industries is listed on NASDAQ under the ticker POWL.
- Headquartered in Houston, the company supplies custom electrical equipment to oil and gas, petrochemical, electric utility, commercial and other industrial markets.