Kadant (KAI) Declares $0.17 Quarterly Dividend; 1.5% Yield

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Kadant Declares Cash Dividend

March 9, 2015 9:03 AM EDT

Raises Quarterly Dividend to $0.17 per Share

WESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) announced that its Board of Directors approved a quarterly cash dividend to stockholders of $0.17 per share to be paid on May 14, 2015 to stockholders of record as of the close of business on April 16, 2015. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in... More