We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Powell Industries Inc | NASDAQ:POWL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-22.95 | -11.14% | 183.00 | 182.00 | 183.00 | 206.9899 | 177.055 | 205.31 | 553,152 | 00:59:27 |
“For the second consecutive year, the Board’s decision to increase the dividend reflects the Company’s strong operational and financial performance, as well as a healthy outlook for our business,” said Brett Cope, Powell Chairman and Chief Executive Officer. “This increase demonstrates our continued commitment to returning capital to our shareholders while also ensuring sufficient liquidity to fund project commitments across our solid order book, as well as our growth initiatives for the Company.”
Michael Metcalf, Powell’s Chief Financial Officer, added, “The decision to increase the dividend not only returns capital to our shareholders, but also ensures that we maintain ample liquidity to support our working capital requirements, while concurrently preserving the strength of our balance sheet.”
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 | |
POWL@alpha-ir.com | |
312-445-2870 |
1 Year Powell Industries Chart |
1 Month Powell Industries Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions