Powell Industries's last quarterly dividend payment of $0.263 per share was made to shareholders on record before May 16, 2023. The dividend payment stands at $1.05 per share annually, which equates to a dividend yield of 1.81%.
Powell Industries's dividend yield of 1.81% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.55%, Powell Industries's dividend yield is 17% higher. Historically POWL's dividend yield has averaged at 3.4% in the last 5 years, which is above the current yield.
Powell Industries has been paying dividends for the last nine years. According to our records POWL has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 0.5% since one year ago. However with the stock price up by 112% from a year ago, the dividend yield marks a decrease of 53%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 45% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 27.9%, Powell Industries's payout ratio is 61% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AZZ Azz Inc | 1.87% | $0.68 | N/A |
| POWL Powell Industries Inc | 1.73% | $1.05 | 45% |
| LFUS Littelfuse Inc | 0.92% | $2.4 | 17.2% |
| GE General Electric Co | 0.31% | $0.32 | 4.2% |
Yes, Powell Industries has been paying dividends for the last nine years.
Currently POWL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
Powell Industries's last dividend ex-date was on May 16, 2023. The dividend amount was $0.263 per share.
POWL's annualized dividend per share is $1.05.
Currently Powell Industries's dividend yield is 1.81%.
Powell Industries pays dividends quarterly.
Powell Industries's dividend payout ratio is 45%.
Powell Industries's dividend yield is above the Industrials sector average.