DIVIDEND ANNOUNCEMENT: Kadant Inc (NYSE:KAI) on 03/03/2020 declared a dividend of $0.2400 per share

Kadant Inc (NYSE:KAI) on 03/03/2020 declared a dividend of $ 0.2400 per share payable on May 05, 2020 to shareholders of record as of April 07, 2020. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Kadant Inc (NYSE:KAI) has paid dividends since 2013, has a current dividend yield of 1.0415536165% and has increased its dividends for 6 successive years.

Kadant Inc's market cap is $ 1,052,765,740 and has a PE ratio of 17.07. The stock price closed yesterday at $ 92.17 and has a 52 week low/high of $ 77.67 and $ 114.05.

Kadant is a supplier of equipment and components used in process industries worldwide. Through its Papermaking Systems segment, Co. develops, manufactures, and markets equipment and products for the global papermaking, paper recycling, recycling and waste management, and other process industries. Through its Wood Processing Systems segment, Co. develops, manufactures, and markets stranders and related equipment used in the production of oriented strand board. Through its Fiber-based Products business, Co. manufactures and sells granules derived from papermaking by-products for use as carriers for agricultural, home lawn and garden, and lawn, turf and ornamental applications.

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