DIVIDEND ANNOUNCEMENT: Kadant Inc (NYSE:KAI) on 09/17/2020 declared a dividend of $0.2400 per share

Kadant Inc (NYSE:KAI) on 09/17/2020 declared a dividend of $ 0.2400 per share payable on November 12, 2020 to shareholders of record as of October 15, 2020.

Kadant Inc (NYSE:KAI) has paid dividends since 2013, has a current dividend yield of 0.8146639466% and has increased its dividends for 6 successive years.

Kadant Inc's market cap is $ 1,355,160,000 and has a PE ratio of 27.73. The stock price closed yesterday at $ 117.84 and has a 52 week low/high of $ 52.71 and $ 127.16.

Kadant is a supplier of components and engineered systems used in process industries. Through its Papermaking Systems segment, Co. develops, manufactures, and markets equipment and products for the 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 Material Handling Systems Segment, Co. develops, manufactures, and markets material handling equipment and systems to various process industries, including mining, aggregates, food processing, packaging, and pulp and paper.

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