Powell Industries Declares Quarterly Cash Dividend

(NASDAQ:POWL) Powell Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend on the Company’s common stock. The dividend amount is $0.09 per share. The dividend will be payable on December 16, 2026. Shareholders of record at the close of business on November 18, 2026, will be eligible to receive the dividend. This action reflects the company’s ongoing dividend policy. The announcement was made following a meeting of the Board of Directors. The company is a supplier of custom engineered solutions for the management, control, and distribution of electrical energy. The dividend declaration applies to all common stock outstanding as of the record date. The payment will be made in cash. The company did not disclose any changes to its dividend policy in this announcement. No other financial or operational figures were provided in this release. The announcement did not include any executive quotes. No additional projects, contracts, or operational updates were mentioned. The company did not reference any forward-looking statements in this announcement. The release is focused solely on the dividend declaration and related dates.

(NASDAQ: POWL) Powell Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $0.09 per share. The dividend is payable on September 16, 2026, to shareholders of record at the close of business on August 19, 2026. Powell Industries, Inc. is described as a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy. The company designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell serves large industrial customers including utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations and commuter railways. Michael Metcalf is listed as CFO of Powell Industries, Inc. Robert Winters of Alpha IR Group is also listed as a contact.

Powell Industries Announces Third Quarter Fiscal 2026 Results

(NASDAQ: POWL) Powell Industries, Inc. announced results for the third quarter Fiscal 2026 ended June 30, 2026, reporting revenues of $312 million, an increase of 9% compared to the prior year. Gross profit was $95.3 million, or 30.6% of revenue, up 8% from $87.9 million in the prior year. Net income for the quarter was $52.2 million, or $1.42 per diluted share, representing an 8% increase from $48.2 million, or $1.32 per diluted share, in the prior year. New orders totaled $934 million, an increase of 158% compared to $362 million in the prior year, and backlog as of June 30, 2026, was $2.4 billion, up 69% from $1.4 billion as of June 30, 2025. The company was awarded three mega orders during the quarter, including a data center order exceeding $400 million, a Petrochemical order of approximately $75 million, and an LNG order of approximately $60 million. Cash and short-term investments as of June 30, 2026, totaled $634 million. The company projects that gross margins will maintain levels consistent to the trailing twelve months and anticipates production to ramp up as it leverages additional capacity to support recent core industrial project awards.

Powell Industries Announces Second Quarter Fiscal 2026 Results

Powell Industries, Inc. (NASDAQ: POWL) reported its second quarter Fiscal 2026 results, with revenues of $296.6 million, up 6% from the prior year, and gross profit of $87.9 million, or 29.6% of revenue, up 5%. Net income was $45.9 million, or $1.25 per diluted share, a 1% decline year-over-year. New orders reached $490 million, a 97% increase, and backlog as of March 31, 2026, totaled $1.8 billion, up 33%. Subsequent to quarter end, Powell was awarded a mega data center order exceeding $400 million, the largest in company history.