Kadant (KAI) Declares $0.19 Quarterly Dividend; 1.5% Yield

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Go back to Kadant (KAI) Declares $0.19 Quarterly Dividend; 1.5% Yield

Kadant Declares Cash Dividend

September 14, 2016 5:05 PM EDT

WESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) announced that its board of directors has approved a quarterly cash dividend to stockholders of $0.19 per share to be paid on November 10, 2016 to stockholders of record as of the close of business on October 13, 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 worldwide. The Companys products, technologies, and services play an integral role in enhancing... More