Kadant Inc. supplies technologies and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company was formerly known as Thermo Fibertek Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.
Kadant Dividend Announcement
• Kadant announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-10
• Kadant annual dividend for 2024 was $1.25
• Kadant annual dividend for 2023 was $1.13
• Kadant's trailing twelve-month (TTM) dividend yield is 0.45%
• Kadant's payout ratio for the trailing twelve months (TTM) is 12.13%
• Kadant's dividend growth over the last five years (2018-2023) was 5.37% year
• Kadant's dividend growth over the last ten years (2013-2023) was 11.66% year
Kadant Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.32 | quarterly | 2024-11-07 |
2024-07-11 | $0.32 | quarterly | 2024-08-08 |
2024-04-09 | $0.32 | quarterly | 2024-05-08 |
2024-01-03 | $0.29 | quarterly | 2024-02-01 |
2023-10-11 | $0.29 | quarterly | 2023-11-09 |
2023-07-12 | $0.29 | quarterly | 2023-08-10 |
2023-04-11 | $0.29 | quarterly | 2023-05-10 |
2023-01-04 | $0.26 | quarterly | 2023-02-02 |
2022-10-12 | $0.26 | quarterly | 2022-11-10 |
2022-07-13 | $0.26 | quarterly | 2022-08-11 |
2022-04-12 | $0.26 | quarterly | 2022-05-11 |
2022-01-05 | $0.25 | quarterly | 2022-02-03 |
2021-10-13 | $0.25 | quarterly | 2021-11-11 |
2021-07-14 | $0.25 | quarterly | 2021-08-12 |
2021-04-13 | $0.25 | quarterly | 2021-05-12 |
2021-01-06 | $0.24 | quarterly | 2021-02-04 |
2020-10-14 | $0.24 | quarterly | 2020-11-12 |
2020-07-08 | $0.24 | quarterly | 2020-08-06 |
2020-04-06 | $0.24 | quarterly | 2020-05-05 |
2020-01-08 | $0.23 | quarterly | 2020-02-06 |
2019-10-09 | $0.23 | quarterly | 2019-11-07 |
2019-07-10 | $0.23 | quarterly | 2019-08-08 |
2019-04-08 | $0.23 | quarterly | 2019-05-07 |
2019-01-08 | $0.22 | quarterly | 2019-02-06 |
2018-10-10 | $0.22 | quarterly | 2018-11-08 |
2018-07-11 | $0.22 | quarterly | 2018-08-09 |
2018-04-11 | $0.22 | quarterly | 2018-05-10 |
2018-01-10 | $0.21 | quarterly | 2018-02-08 |
2017-10-11 | $0.21 | quarterly | 2017-11-09 |
2017-07-11 | $0.21 | quarterly | 2017-08-10 |
2017-04-11 | $0.21 | quarterly | 2017-05-11 |
2017-01-10 | $0.19 | quarterly | 2017-02-09 |
2016-10-11 | $0.19 | quarterly | 2016-11-10 |
2016-07-12 | $0.19 | quarterly | 2016-08-11 |
2016-04-12 | $0.19 | quarterly | 2016-05-12 |
2016-01-12 | $0.17 | quarterly | 2016-02-11 |
2015-10-13 | $0.17 | quarterly | 2015-11-12 |
2015-07-14 | $0.17 | quarterly | 2015-08-13 |
2015-04-14 | $0.17 | quarterly | 2015-05-14 |
2015-01-14 | $0.15 | quarterly | 2015-02-13 |
2014-10-10 | $0.15 | quarterly | 2014-11-12 |
2014-07-14 | $0.15 | quarterly | 2014-08-13 |
2014-04-07 | $0.15 | quarterly | 2014-05-07 |
2014-01-07 | $0.12 | quarterly | 2014-02-06 |
2013-10-08 | $0.12 | quarterly | 2013-11-07 |
2013-07-09 | $0.12 | quarterly | 2013-08-08 |
2013-04-09 | $0.12 | quarterly | 2013-05-09 |
Kadant Dividend per year
Kadant Dividend growth
Kadant Dividend Yield
Kadant current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing Kadant stock? Use our calculator to estimate your expected dividend yield:
Kadant Financial Ratios
Kadant Dividend FAQ
Other factors to consider when evaluating Kadant as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Kadant's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Kadant publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Kadant distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Kadant are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Kadant sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Kadant distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kadant declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Kadant's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Kadant's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.