Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTFatima GulzarThu, July 2, 2026 at 10:51 AM GMT+2 1 min readPowell Industries, Inc. (NASDAQ:POWL) is among the Best AI Power Grid Stocks.On May 5, Powell Industries, Inc. (NASDAQ:POWL) reported that its board declared a quarterly cash dividend of $0.09 per share payable on June 17, 2026, to shareholders as of May 20, 2026.Looking ahead, Powell Industries, Inc. (NASDAQ:POWL)'s market conditions across its core businesses remain favorable. The firm is constantly investing in data center growth, AI capacity, and power infrastructure as drivers of demand in its commercial and electric utility markets. The corporation also expects sustained activity in LNG, gas pipeline, and gas-to-chemical markets backed by the competitive position of US exporters.Powell Industries, Inc. (POWL) Declares Quarterly Cash DividendChief Financial Officer Michael Metcalf said year-to-date financial growth solidifies confidence in delivering another year of solid fiscal 2026 performance. He pointed out that backlog composition helps margins be consistent with the prior year. Accelerating backlog growth justifies further manufacturing capacity investments aided by commercial visibility.Powell Industries, Inc. (NASDAQ:POWL) and its subsidiaries design, develop, manufacture, sell, and service custom-engineered equipment and systems.While we acknowledge the potential of POWL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info