Powell Industries, Inc. (NASDAQ:POWL) will begin trading ex-dividend on November 17, 2020. The quarterly dividend payment of $ 0.26 per share is scheduled to be paid on December 16, 2020. The dividend yield based on the latest trading day closing price was 3.95 percent. Shareholders who purchased POWL shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Powell Industries, Inc.
Powell Industries, Inc. recently reported third quarter financial results on August 4, 2020, after market close, the Houston based company revealed income for the third quarter of $ 0.30 per share, from the revenue of $ 118.06 million. The quarterly earnings shrunk 23.08 percent compared with the same quarter last year. The consensus estimates are income of $ 0.32 per share from $ 128.81 million in revenue. The bottom line results missed street analysts by $ 0.02 or 6.25 percent, at the same time, top line results fell short of analysts by $ 10.75 million or 8.35 percent.
Stock Performance
On Friday, shares of Powell Industries, Inc. has traded high as $ 26.52 and has cracked $ 25.57 on the downward trend, reaching $ 26.31 with volume of 33.60 thousand shares.
According to the previous trading day, closing price of $ 26.31, representing a 64.34 % increase from the 52 week low of $ 15.62 and a 49.48 % decrease over the 52 week high of $ 50.81.
The company has a market capital of $ 305.58 million and is part of the Industrials sector and Diversified Industrials industry.
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 companys 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, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper, and other heavy industrial markets.
