Powell Industries, Inc., together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears. Its products have application in voltages ranging from 480 volts to 38,000 volts; and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquid natural gas terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper, and other heavy industrial markets. It also provides value-added services, such as spare parts, field service inspection, installation, commissioning, modification and repair, retrofit and retrofill components for existing systems, and replacement circuit breakers for switchgear. The company has operations in the United States, Canada, the Middle East, Africa, Europe, Mexico, and Central and South America. Powell Industries, Inc. was founded in 1947 and is headquartered in Houston, Texas.
Powell Industries Dividend Announcement
• Powell Industries announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-08-14
• Powell Industries annual dividend for 2024 was $0.80
• Powell Industries annual dividend for 2023 was $1.05
• Powell Industries's trailing twelve-month (TTM) dividend yield is 0.39%
• Powell Industries's payout ratio for the trailing twelve months (TTM) is 9.67%
• Powell Industries's dividend growth over the last five years (2018-2023) was 0.18% year
• Powell Industries's dividend growth over the last ten years (2013-2023) was 15.43% year
Powell Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | $0.27 | quarterly | 2024-09-18 |
2024-05-14 | $0.27 | quarterly | 2024-06-12 |
2024-02-13 | $0.27 | quarterly | 2024-03-13 |
2023-11-14 | $0.26 | quarterly | 2023-12-13 |
2023-08-15 | $0.26 | quarterly | 2023-09-20 |
2023-05-16 | $0.26 | quarterly | 2023-06-14 |
2023-02-14 | $0.26 | quarterly | 2023-03-15 |
2022-11-15 | $0.26 | quarterly | 2022-12-14 |
2022-08-16 | $0.26 | quarterly | 2022-09-21 |
2022-05-17 | $0.26 | quarterly | 2022-06-15 |
2022-02-15 | $0.26 | quarterly | 2022-03-16 |
2021-11-16 | $0.26 | quarterly | 2021-12-15 |
2021-08-17 | $0.26 | quarterly | 2021-09-15 |
2021-05-18 | $0.26 | quarterly | 2021-06-16 |
2021-02-16 | $0.26 | quarterly | 2021-03-17 |
2020-11-17 | $0.26 | quarterly | 2020-12-16 |
2020-08-18 | $0.26 | quarterly | 2020-09-16 |
2020-05-19 | $0.26 | quarterly | 2020-06-17 |
2020-02-18 | $0.26 | quarterly | 2020-03-18 |
2019-11-19 | $0.26 | quarterly | 2019-12-18 |
2019-08-20 | $0.26 | quarterly | 2019-09-18 |
2019-05-21 | $0.26 | quarterly | 2019-06-19 |
2019-02-19 | $0.26 | quarterly | 2019-03-20 |
2018-11-20 | $0.26 | quarterly | 2018-12-19 |
2018-08-21 | $0.26 | quarterly | 2018-09-19 |
2018-05-22 | $0.26 | quarterly | 2018-06-20 |
2018-02-20 | $0.26 | quarterly | 2018-03-21 |
2017-11-20 | $0.26 | quarterly | 2017-12-13 |
2017-08-21 | $0.26 | quarterly | 2017-09-13 |
2017-05-15 | $0.26 | quarterly | 2017-06-14 |
2017-02-13 | $0.26 | quarterly | 2017-03-15 |
2016-11-14 | $0.26 | quarterly | 2016-12-14 |
2016-08-15 | $0.26 | quarterly | 2016-09-14 |
2016-05-16 | $0.26 | quarterly | 2016-06-15 |
2016-02-12 | $0.26 | quarterly | 2016-03-16 |
2015-11-16 | $0.26 | quarterly | 2015-12-16 |
2015-08-17 | $0.26 | quarterly | 2015-09-16 |
2015-05-18 | $0.26 | quarterly | 2015-06-17 |
2015-02-13 | $0.26 | quarterly | 2015-03-18 |
2014-11-17 | $0.26 | quarterly | 2014-12-17 |
2014-08-18 | $0.25 | quarterly | 2014-09-17 |
2014-05-19 | $0.25 | quarterly | 2014-06-18 |
2014-02-14 | $0.25 | quarterly | 2014-03-19 |
2013-11-18 | $0.25 | quarterly | 2013-12-18 |
Powell Industries Dividend per year
Powell Industries Dividend growth
Powell Industries Dividend Yield
Powell Industries current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Powell Industries stock? Use our calculator to estimate your expected dividend yield:
Powell Industries Financial Ratios
Powell Industries Dividend FAQ
Other factors to consider when evaluating Powell Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Powell Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Powell Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Powell Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Powell Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Powell Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Powell Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Powell Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Powell Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Powell Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.