PR Newswire
HOUSTON, May 8, 2018
HOUSTON, May 8, 2018 /PRNewswire/ -- Powell Industries,
Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical
energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the
amount of $0.26 per share. The dividend is payable on June 20,
2018 to shareholders of record at the close of business on May 23, 2018.
Powell Industries, Inc., headquartered in Houston, engineers packaged solutions and systems
for the management, control and distribution 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:
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Don R. Madison, CFO
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Powell Industries, Inc.
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713-947-4422
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SOURCE Powell Industries, Inc.