Kadant (KAI) Declares $0.25 Quarterly Dividend; 0.6% Yield

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Kadant Declares Cash Dividend

May 20, 2021 4:06 PM EDT

WESTFORD, Mass., May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on August 12, 2021 to stockholders of record as of the close of business on July 15, 2021. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

About Kadant        Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Companys products, technologies,... More