Attached files
| file | filename |
|---|---|
| 8-K - 8-K - POWELL INDUSTRIES INC | a8-kdividendannouncement11.htm |
Exhibit 99.1
PRESS RELEASE
Contact: Don R. Madison, CFO
Powell Industries, Inc.
FOR IMMEDIATE RELEASE
713-947-4422
POWELL INDUSTRIES DECLARES QUARTERLY CASH DIVIDEND
HOUSTON — November 5, 2018 — 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 December 19, 2018 to shareholders of record at the close of business on November 21, 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.
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