Kadant (KAI) Declares $0.29 Quarterly Dividend; 0.5% Yield

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Kadant Declares Cash Dividend

March 8, 2023 4:15 PM EST

WESTFORD, Mass., March 08, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.29 per share to be paid on May 10, 2023 to stockholders of record as of the close of business on April 12, 2023. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

About KadantKadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Companys products and services play an integral role in... More