Nov 4, 3:18 PM ET
Powell Industries' Board of Directors declared a quarterly cash dividend of $0.09 per share, announced in a November 3, 2026 press release. Shareholders of record at the close of business on November 18, 2026 will receive the payment on December 16, 2026.
- Quarterly cash dividend of $0.09 per share declared
- Record date: close of business on November 18, 2026
- Payment date: December 16, 2026
Read the filing on SEC.gov ↗
Aug 3, 4:28 PM ET
Powell Industries reported fiscal 2026 third-quarter results for the period ended June 30, 2026, with revenue up 9% to $312 million and diluted earnings per share up 8% to $1.42. New orders of $934 million and backlog of $2.4 billion both rose sharply from a year earlier, and the company's board declared a quarterly dividend of $0.09 per share.
- Net income was $52.2 million, or $1.42 per diluted share, up 8% from $1.32 a year earlier.
- New orders totaled $934 million, up 158% from $362 million in the prior-year quarter; backlog reached $2.4 billion as of June 30, 2026, up 69%.
- The board declared a $0.09 per share quarterly cash dividend, payable September 16, 2026, to shareholders of record on August 19, 2026.
- Management is conference-calling on August 4, 2026 at 11:00 a.m. Eastern time.
Read the filing on SEC.gov ↗
Jul 6, 4:13 PM ET
Powell Industries' board approved a one-time award of 36,000 restricted stock units for CEO and Chairman Brett A. Cope, intended to keep him in service past age 60, when he becomes eligible to retire. The award vests in stages through July 1, 2029, and unvested units will not accelerate if he retires early, which ties the grant to continued service.
- Award covers 36,000 RSUs under the 2014 Equity Incentive Plan, approved by the Compensation and Human Capital Committee on July 1, 2026 and by the Board on July 2, 2026
- Vesting is backloaded: 25% on July 1, 2027, 25% on July 1, 2028, and 50% on July 1, 2029, instead of equal annual installments over three years
- If Mr. Cope retires before a vesting date, the unvested portion will not vest or continue to vest solely due to retirement, despite the Employment Agreement dated October 1, 2016
Read the filing on SEC.gov ↗
May 4, 5:10 PM ET
Powell Industries reported fiscal second-quarter 2026 revenue of $296.6 million, up 6% from a year earlier, while net income of $45.9 million, or $1.25 per diluted share, fell 1%, as higher SG&A and R&D expenses offset higher revenue. New orders rose 97% to $490 million and backlog reached $1.8 billion, but the company's outlook did not include a numeric revenue or earnings target, and management said it expects margins to stay consistent with the prior year.
- Revenue of $296.6 million, up 6% from $278.6 million; gross margin 29.6% of revenue
- Net income of $45.9 million, or $1.25 per diluted share, down 1% from $46.3 million, or $1.27 per diluted share, after adjusting for the three-for-one stock split
- New orders of $490 million, up 97%; backlog of $1.8 billion as of March 31, 2026, up 33%
- Subsequent to quarter end, Powell was awarded a data center order with a value exceeding $400 million
Read the filing on SEC.gov ↗
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