Powell Industries declared a quarterly cash dividend of $0.2675 per share, payable September 17, 2025.
Quiver AI Summary
Powell Industries, Inc. has announced a quarterly cash dividend of $0.2675 per share, payable on September 17, 2025, to shareholders registered by August 20, 2025. The company, based in Houston, Texas, specializes in custom-engineered solutions for managing and distributing electrical energy, primarily serving the oil and gas, petrochemical, electric utility, and commercial sectors. Additionally, it offers products and services to light rail traction power markets and other clients, including universities and government entities. Powell Industries is committed to expanding its reach in electrical markets through collaborations with original equipment manufacturers and distribution channels. For more information, visit their website or contact their investor relations team.
Potential Positives
- The declaration of a quarterly cash dividend of $0.2675 per share signals financial stability and confidence in the company's ongoing performance.
- The dividend payment date and record date provide clarity and transparency to shareholders, enhancing investor relations.
- This action may attract new investors and retain current shareholders, contributing to a positive perception of the company's financial health.
Potential Negatives
- The announcement of a cash dividend may indicate that the company is using available cash reserves, potentially raising concerns about future investment capabilities or financial stability.
- The release does not provide details on the company's financial performance, which could lead to uncertainty among investors regarding the sustainability of the dividend.
- By focusing primarily on the dividend declaration, the company may be perceived as prioritizing short-term shareholder returns over long-term growth and investment strategies.
FAQ
What is the latest dividend announced by Powell Industries?
Powell Industries declared a quarterly cash dividend of $0.2675 per share on its common stock.
When will the dividend be paid to shareholders?
The dividend is payable on September 17, 2025, to shareholders of record on August 20, 2025.
What markets does Powell Industries primarily serve?
Powell Industries primarily serves the oil and gas, petrochemical, electric utility, and industrial markets.
Where is Powell Industries headquartered?
Powell Industries is headquartered in Houston, Texas.
How can I contact Powell Industries for more information?
You can contact Michael Metcalf, CFO, at 713-947-4422 or email [email protected] for inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$POWL Insider Trading Activity
$POWL insiders have traded $POWL stock on the open market 33 times in the past 6 months. Of those trades, 0 have been purchases and 33 have been sales.
Here’s a breakdown of recent trading of $POWL stock by insiders over the last 6 months:
- BRETT ALAN COPE (President & CEO) has made 0 purchases and 16 sales selling 11,100 shares for an estimated $2,291,655.
- MICHAEL WILLIAM METCALF (Exec Vice President) has made 0 purchases and 16 sales selling 7,300 shares for an estimated $1,501,642.
- PETER G HOGLUND (Vice Pres, Global Service) sold 175 shares for an estimated $0
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$POWL Hedge Fund Activity
We have seen 187 institutional investors add shares of $POWL stock to their portfolio, and 185 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DEMARS FINANCIAL GROUP, LLC removed 341,110 shares (-99.0%) from their portfolio in Q2 2025, for an estimated $71,786,599
- AMERICAN CENTURY COMPANIES INC removed 299,972 shares (-85.3%) from their portfolio in Q1 2025, for an estimated $51,094,230
- NEW VERNON CAPITAL HOLDINGS II LLC added 202,863 shares (+inf%) to their portfolio in Q1 2025, for an estimated $34,553,654
- FISHER ASSET MANAGEMENT, LLC added 200,247 shares (+inf%) to their portfolio in Q1 2025, for an estimated $34,108,071
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 195,150 shares (-65.5%) from their portfolio in Q1 2025, for an estimated $33,239,899
- GW&K INVESTMENT MANAGEMENT, LLC added 164,292 shares (+inf%) to their portfolio in Q1 2025, for an estimated $27,983,856
- FIRST TRUST ADVISORS LP added 158,784 shares (+129.3%) to their portfolio in Q1 2025, for an estimated $27,045,678
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HOUSTON, Aug. 05, 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 September 17, 2025, to shareholders of record at the close of business on August 20, 2025.
Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. Powell Industries, Inc. primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Beyond these major markets, we also provide products and services to the light rail traction power market and other markets that include universities and government entities. We are continuously developing new channels to electrical markets through original equipment manufacturers and distribution market channels. 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 |
