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

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Kadant Declares Cash Dividend

September 12, 2018 4:14 PM EDT

WESTFORD, Mass., Sept. 12, 2018 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.22 per share to be paid on November 8, 2018 to stockholders of record as of the close of business on October 11, 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... More