Kadant (KAI) Declares $0.21 Quarterly Dividend; 1.5% Yield

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Go back to Kadant (KAI) Declares $0.21 Quarterly Dividend; 1.5% Yield

Kadant Declares Cash Dividend

March 8, 2017 5:14 PM EST

Raises Quarterly Dividend 11% to $0.21 per Share

WESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) announced that its Board of Directors approved an 11% increase to its quarterly cash dividend to stockholders to $0.21 per share to be paid on May 11, 2017 to stockholders of record as of the close of business on April 13, 2017. 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