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Kadant (KAI) Declares $0.23 Quarterly Dividend; 1% Yield

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Kadant Declares Cash Dividend

November 21, 2019 4:22 PM EST

WESTFORD, Mass., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.23 per share to be paid on February 6, 2020 to stockholders of record as of the close of business on January 9, 2020. 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... More