Kadant (KAI) Raises Quarterly Dividend 4.5% to $0.23; 1.1% Yield

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Go back to Kadant (KAI) Raises Quarterly Dividend 4.5% to $0.23; 1.1% Yield

Kadant Declares Cash Dividend

March 5, 2019 4:24 PM EST

WESTFORD, Mass., March 05, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.23 per share to be paid on May 7, 2019 to stockholders of record as of the close of business on April 9, 2019. 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. Our products, technologies, and services play an integral role in enhancing... More