Kennametal (KMT) Declares $0.20 Quarterly Dividend; 3.2% Yield
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Kennametal Announces Fourth Quarter And Fiscal 2016 Results; Provides Fiscal 2017 Outlook
August 1, 2016 4:45 PM EDTPITTSBURGH, Aug. 1, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced fiscal 2016 and fourth quarter results. For fiscal 2016, the company reported a loss per diluted share (LPS) of $2.83, compared with a LPS of $4.71 in the prior year. Adjusted earnings per diluted share (EPS) were $1.11 in the current year compared to $2.00 in the prior year. For its fiscal fourth quarter, the company reported LPS of $0.83, compared with the prior year quarter EPS of $0.26. The current quarter adjusted EPS were $0.44, compared to $0.44 in the prior year quarter.
During the current quarter, the... More
