Kadant (KAI) Declares $0.29 Quarterly Dividend; 0.4% Yield

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Kadant Declares Cash Dividend

November 16, 2023 4:15 PM EST

WESTFORD, Mass., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on February 1, 2024 to stockholders of record as of the close of business on January 4, 2024. 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... More