Gold bars to be exempt from tariffs, White House clarifies
HOUSTON - Powell Industries, Inc. (NASDAQ:POWL), a supplier of custom engineered solutions for electrical energy management, announced Tuesday that its Board of Directors has declared a quarterly cash dividend of $0.2675 per share on the company’s common stock. The company has maintained consistent dividend payments for 13 consecutive years, with a current annual dividend yield of 0.46%.
The dividend will be payable on September 17, 2025, to shareholders of record at the close of business on August 20, 2025, according to a company press release. InvestingPro data shows Powell Industries has delivered impressive returns, with the stock up over 52% in the past year and maintaining strong financial health metrics.
Powell Industries develops, designs, manufactures and services custom-engineered equipment and systems for distributing, controlling and monitoring electrical energy flow. The company primarily serves the oil and gas, petrochemical, electric utility, and commercial and industrial markets.
Based in Houston, Texas, Powell also provides products and services to light rail traction power, university, and government sectors.
In other recent news, Powell Industries Inc. reported strong financial results for the first quarter of 2025, with earnings per share (EPS) coming in at $3.81, exceeding the forecast of $3.37. These results indicate a positive performance for the company, despite the stock experiencing a decline in after-hours trading. The reasons behind the stock’s movement may relate to investor concerns or broader market conditions, although specific causes were not detailed. This development highlights the importance of earnings reports as a key indicator for investors. While the earnings results were noteworthy, there were no updates on mergers or acquisitions involving Powell Industries at this time. Analyst firms did not provide any upgrades or downgrades in their recent assessments of the company. Investors should consider these developments when evaluating Powell Industries’ current financial standing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.