Kadant (KAI) Raises Quarterly Dividend 11.8% to $0.19; 1.8% Yield
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Kadant Declares Cash Dividend
March 8, 2016 5:16 PM ESTRaises Quarterly Dividend to $0.19 per Share
WESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) announced that its Board of Directors approved a 12% increase to its quarterly cash dividend to stockholders to $0.19 per share to be paid on May 12, 2016 to stockholders of record as of the close of business on April 14, 2016. 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 process industries... More
