Kadant (KAI) Board Approves Additional $20M Stock Buyback Authorization

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Kadant (KAI) Declares $0.19 Quarterly Dividend; 1.6% Yield

May 18, 2016 5:15 PM EDT

Kadant (NYSE: KAI) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.

The dividend will be payable on August 11, 2016, to stockholders of record on July 14, 2016, with an ex-dividend date of July 12, 2016.

The annual yield on the dividend is 1.6 percent.

For a... More