Kadant (KAI) Declares $0.22 Quarterly Dividend; 0.9% Yield

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Go back to Kadant (KAI) Declares $0.22 Quarterly Dividend; 0.9% Yield

Kadant Declares Cash Dividend

March 8, 2018 1:11 PM EST

WESTFORD, Mass., March 08, 2018 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced that its Board of Directors increased its quarterly cash dividend to stockholders to $0.22 per share to be paid on May 10, 2018 to stockholders of record as of the close of business on April 12, 2018. 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... More