5 Industrial Dividend Stocks with Over 3% Yield

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In this article, we will be taking a look at 5 industrial dividend stocks with over 3% yield. To see our detailed analysis of these stocks, you can go directly to the 10 Industrial Dividend Stocks with Over 3% Yield.

5. Powell Industries, Inc. (NASDAQ: POWL)

Number of Hedge Fund Holders: 7
Dividend Yield: 3.9%

Powell Industries, Inc. (NASDAQ: POWL) is a developer of custom-engineered equipment and systems for the distribution and control of electrical energy, for sale in the US, Canada, the Middle East, Africa, the Far East, Europe, Mexico, and Central and South America. The company ranks 5th on our list of industrial dividend stocks with over 3% yield.

Sidoti holds a Neutral rating on shares of Powell Industries, Inc. (NASDAQ: POWL) as of this August.

In the fiscal third quarter of 2021, Powell Industries, Inc. (NASDAQ: POWL) had an EPS of -$0.17, missing estimates by $0.18. The company’s revenue was $115.81 million, beating estimates by $4.24 million.

By the end of the first quarter of 2021, 7 hedge funds out of the 866 tracked by Insider Monkey held stakes in Powell Industries, Inc. (NASDAQ: POWL) worth roughly $27.1 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of approximately $31.1 million.


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