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Powell Industries Declares Quarterly Cash Dividend


Powell Industries Declares Quarterly Cash Dividend
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HOUSTON, May 4, 2021 /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 16, 2021 to shareholders of record at the close of business on May 19, 2021.
Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring 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 ....

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Insights on the DC Circuit Breakers Global Market to 2027 - Featuring ABB, Eaton and Fuji Electric Among Others


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ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for DC Circuit Breakers estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 5.4% over the period 2020-2027.
Medium, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High segment is readjusted to a revised 4.9% CAGR for the next 7-year period. ....

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Worldwide Circuit Breaker Industry to 2026 - Players Include ABB, Eaton and Salzer Group Among Others


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ResearchAndMarkets.com s offering.
The global circuit breaker market is projected to reach US$8.196 billion by 2026, at a CAGR of 6.08%, from an estimated US$5.422 billion in 2019.
The market is expected to be driven by the increasing projects of renewable energy, efficient energy infrastructure and increasing developmental projects, as they are in turn increasing the demand for the electricity consumption (especially in developing countries). Rapid industrialization and urbanization in the countries along with the use of the sustainable energy sources (renewable energy) caters the increase in demand for power consumption in the economies, which in turn is increasing the demand for the circuit breakers in the upcoming years. Though, intense competition from the gray market and stringent environmental and safety regulations are impacting the market. ....

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