Powell Industries's last quarterly dividend payment of $0.265 per share was made to shareholders on record before Feb 13, 2024. The dividend payment stands at $1.05 per share annually, which equates to a dividend yield of 0.71%. The latest POWL stock dividend of $0.265 is an increase from the previous $0.263 distribution, representing a growth of 1%.
Powell Industries's dividend yield of 0.71% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.41%, Powell Industries's dividend yield is 50% lower. Historically POWL's dividend yield has averaged at 3.1% in the last 5 years, which is above the current yield.
Powell Industries has been paying dividends for the last ten years. According to our records POWL has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 1% since one year ago. However with the stock price up by 273% from a year ago, the dividend yield marks a decrease of 73%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 13, 2024 | Mar 13, 2024 | Jan 30, 2024 | $0.265 | normal |
| Nov 14, 2023 | Dec 13, 2023 | Oct 31, 2023 | $0.263 | normal |
| Aug 15, 2023 | Sep 20, 2023 | Aug 1, 2023 | $0.263 | normal |
| May 16, 2023 | Jun 14, 2023 | May 2, 2023 | $0.263 | normal |
| Feb 14, 2023 | Mar 15, 2023 | Jan 31, 2023 | $0.263 | normal |
| Nov 15, 2022 | Dec 14, 2022 | Nov 3, 2022 | $0.26 | normal |
| Aug 16, 2022 | Sep 21, 2022 | Aug 2, 2022 | $0.26 | normal |
| May 17, 2022 | Jun 15, 2022 | May 3, 2022 | $0.26 | normal |
| Feb 15, 2022 | Mar 16, 2022 | Feb 1, 2022 | $0.26 | normal |
| Nov 16, 2021 | Dec 15, 2021 | Nov 2, 2021 | $0.26 | normal |
| Aug 17, 2021 | Sep 15, 2021 | Aug 3, 2021 | $0.26 | normal |
| May 18, 2021 | Jun 16, 2021 | May 4, 2021 | $0.26 | normal |
| Feb 16, 2021 | Mar 17, 2021 | Feb 2, 2021 | $0.26 | normal |
| Nov 17, 2020 | Dec 16, 2020 | Nov 3, 2020 | $0.26 | normal |
| Aug 18, 2020 | Sep 16, 2020 | Aug 4, 2020 | $0.26 | normal |
| May 19, 2020 | Jun 17, 2020 | May 5, 2020 | $0.26 | normal |
| Feb 18, 2020 | Mar 18, 2020 | Feb 4, 2020 | $0.26 | normal |
| Nov 19, 2019 | Dec 18, 2019 | Nov 4, 2019 | $0.26 | normal |
| Aug 20, 2019 | Sep 18, 2019 | Aug 6, 2019 | $0.26 | normal |
| May 21, 2019 | Jun 19, 2019 | May 7, 2019 | $0.26 | normal |
| Feb 19, 2019 | Mar 20, 2019 | Feb 5, 2019 | $0.26 | normal |
| Nov 20, 2018 | Dec 19, 2018 | Nov 5, 2018 | $0.26 | normal |
| Aug 21, 2018 | Sep 19, 2018 | Aug 6, 2018 | $0.26 | normal |
| May 22, 2018 | Jun 20, 2018 | May 7, 2018 | $0.26 | normal |
| Feb 20, 2018 | Mar 21, 2018 | Feb 5, 2018 | $0.26 | normal |
| Nov 20, 2017 | Dec 13, 2017 | Nov 6, 2017 | $0.26 | normal |
| Aug 21, 2017 | Sep 13, 2017 | Aug 7, 2017 | $0.26 | normal |
| May 15, 2017 | Jun 14, 2017 | May 1, 2017 | $0.26 | normal |
| Feb 13, 2017 | Mar 15, 2017 | Feb 6, 2017 | $0.26 | normal |
| Nov 14, 2016 | Dec 14, 2016 | Oct 31, 2016 | $0.26 | normal |
| Aug 15, 2016 | Sep 14, 2016 | Aug 1, 2016 | $0.26 | normal |
Powell Industries's payout ratio of 16.2% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 30.4%, Powell Industries's payout ratio is 47% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LFUS Littelfuse Inc | 1.11% | $2.55 | 24.4% |
| AZZ Azz Inc | 0.91% | $0.68 | 19.5% |
| POWL Powell Industries Inc | 0.71% | $1.05 | 16.2% |
| GE General Electric Co | 0.32% | $0.52 | 16.8% |
Yes, Powell Industries has been paying dividends for the last ten years.
Currently POWL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Powell Industries's last dividend ex-date was on Feb 13, 2024. The dividend amount was $0.265 per share.
POWL's annualized dividend per share is $1.05.
Currently Powell Industries's dividend yield is 0.71%.
Powell Industries pays dividends quarterly.
Powell Industries's dividend payout ratio is 16.2%.
Powell Industries's dividend yield is below the Industrials sector average.