DIVIDEND ANNOUNCEMENT: Kadant Inc (NYSE:KAI) on 11/18/2021 declared a dividend of $0.2500 per share

Kadant Inc (NYSE:KAI) on 11/18/2021 declared a dividend of $ 0.2500 per share payable on February 03, 2022 to shareholders of record as of January 06, 2022.

Kadant Inc (NYSE:KAI) has paid dividends since 2013, has a current dividend yield of 0.4400440156% and has increased its dividends for 7 successive years.

Kadant Inc's market cap is $ 2,637,009,000 and has a PE ratio of 37.50. The stock price closed yesterday at $ 227.25 and has a 52 week low/high of $ 126.78 and $ 238.15.

Kadant is a supplier of components and engineered systems used in process industries. Through its Flow Control segment, Co. provides custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications. Through its Industrial Processing segment, Co. provides equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries. Through its Material Handling segment, Co. provides products and systems used to handle bulk and materials for secondary processing or transport in the mining, food, and waste management industries.

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