Q: Hi 5i
POW has been on an uptrend lately. Any news or upcoming event that could be driving this.
When are earnings and are they expected to meet?
Are they expected to increase dividend soon?
thx
POW has been on an uptrend lately. Any news or upcoming event that could be driving this.
When are earnings and are they expected to meet?
Are they expected to increase dividend soon?
thx
5i Research Answer:
The sector has been strong, but we are not aware of new catalysts. The company does have a buyback in place. It reports March 20, with $1.05 in EPS and $3.61B in revenue expected. It raised its dividend last in March 2023 and we think it will bump the dividend again this year.