Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure. It offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. The company also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. In addition, it produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national distributors; integrated supplier channels; and through the Internet. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.
Kennametal Dividend Announcement
• Kennametal announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-11-12
• Kennametal annual dividend for 2024 was $0.80
• Kennametal annual dividend for 2023 was $0.80
• Kennametal's trailing twelve-month (TTM) dividend yield is 2.04%
• Kennametal's payout ratio for the trailing twelve months (TTM) is 52.53%
• Kennametal's dividend growth over the last ten years (2013-2023) was 1.64% year
Kennametal Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-12 | $0.20 | quarterly | 2024-11-26 |
| 2024-08-13 | $0.20 | quarterly | 2024-08-27 |
| 2024-05-13 | $0.20 | quarterly | 2024-05-28 |
| 2024-02-12 | $0.20 | quarterly | 2024-02-27 |
| 2023-11-06 | $0.20 | quarterly | 2023-11-21 |
| 2023-08-07 | $0.20 | quarterly | 2023-08-22 |
| 2023-05-08 | $0.20 | quarterly | 2023-05-23 |
| 2023-02-13 | $0.20 | quarterly | 2023-02-28 |
| 2022-11-07 | $0.20 | quarterly | 2022-11-22 |
| 2022-08-08 | $0.20 | quarterly | 2022-08-23 |
| 2022-05-09 | $0.20 | quarterly | 2022-05-24 |
| 2022-02-14 | $0.20 | quarterly | 2022-03-01 |
| 2021-11-08 | $0.20 | quarterly | 2021-11-23 |
| 2021-08-09 | $0.20 | quarterly | 2021-08-24 |
| 2021-05-10 | $0.20 | quarterly | 2021-05-25 |
| 2021-02-08 | $0.20 | quarterly | 2021-02-23 |
| 2020-11-09 | $0.20 | quarterly | 2020-11-24 |
| 2020-08-10 | $0.20 | quarterly | 2020-08-25 |
| 2020-05-11 | $0.20 | quarterly | 2020-05-27 |
| 2020-02-10 | $0.20 | quarterly | 2020-02-25 |
| 2019-11-08 | $0.20 | quarterly | 2019-11-26 |
| 2019-08-12 | $0.20 | quarterly | 2019-08-27 |
| 2019-05-13 | $0.20 | quarterly | 2019-05-29 |
| 2019-02-11 | $0.20 | quarterly | 2019-02-26 |
| 2018-11-09 | $0.20 | quarterly | 2018-11-28 |
| 2018-08-15 | $0.20 | quarterly | 2018-08-28 |
| 2018-05-14 | $0.20 | quarterly | 2018-05-30 |
| 2018-02-12 | $0.20 | quarterly | 2018-02-28 |
| 2017-11-13 | $0.20 | quarterly | 2017-11-29 |
| 2017-08-16 | $0.20 | quarterly | 2017-08-31 |
| 2017-05-12 | $0.20 | quarterly | 2017-05-31 |
| 2017-02-10 | $0.20 | quarterly | 2017-02-28 |
| 2016-11-08 | $0.20 | quarterly | 2016-11-29 |
| 2016-08-10 | $0.20 | quarterly | 2016-08-26 |
| 2016-05-11 | $0.20 | quarterly | 2016-05-27 |
| 2016-02-10 | $0.20 | quarterly | 2016-02-26 |
| 2015-11-06 | $0.20 | quarterly | 2015-11-24 |
| 2015-08-07 | $0.20 | quarterly | 2015-08-26 |
| 2015-05-08 | $0.18 | quarterly | 2015-05-27 |
| 2015-02-06 | $0.18 | quarterly | 2015-02-25 |
| 2014-11-06 | $0.18 | quarterly | 2014-11-25 |
| 2014-08-08 | $0.18 | quarterly | 2014-08-26 |
| 2014-05-09 | $0.18 | quarterly | 2014-05-28 |
| 2014-02-07 | $0.18 | quarterly | 2014-02-26 |
| 2013-11-01 | $0.18 | quarterly | 2013-11-26 |
| 2013-08-02 | $0.18 | quarterly | 2013-08-21 |
| 2013-05-03 | $0.16 | quarterly | 2013-05-22 |
| 2013-02-01 | $0.16 | quarterly | 2013-02-20 |
Kennametal Dividend per year
Kennametal Dividend growth
Kennametal Dividend Yield
Kennametal current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing Kennametal stock? Use our calculator to estimate your expected dividend yield:
Kennametal Financial Ratios
P/E ratio22.60
PEG ratio3.84
P/B ratio1.79
ROE7.98%
Payout ratio52.53%
Current ratio2.52
Quick ratio1.16
Cash Ratio0.30
Kennametal Dividend FAQ
How much is the next Kennametal dividend?
Kennametal's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kennametal dividend. The next Kennametal dividend will be released in February, May, August, or November.
When is Kennametal dividend paid?
Kennametal pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Kennametal pay?
The specific amount of Kennametal dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kennametal's dividend history.
Does Kennametal stock pay dividends?
Yes, Kennametal does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kennametal's dividend history.
How much dividend does Kennametal pay?
Kennametal paid $0.8 in 2024, $0.8 in 2023, $0.8 in 2022, $0.8 in 2021, and $0.8 in 2020.
How often does Kennametal pay dividends?
Kennametal typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Kennametal's dividend yield?
The current dividend yield for Kennametal is 2.04%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Kennametal's exact dividend yield.
When does Kennametal go ex dividend?
Kennametal's ex-dividend date for the latest dividend was on 2024-11-12. Kennametal typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Kennametal dividend paid?
Kennametal pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Kennametal increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Kennametal will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Kennametal dividend per share?
Kennametal paid $0.8 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Kennametal pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Kennametal a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Kennametal a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Kennametal a dividend stock?
Yes, Kennametal is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kennametal a good dividend stock?
Whether Kennametal is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kennametal has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kennametal 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.
Other factors to consider when evaluating Kennametal 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.
Does Kennametal pay dividends monthly?
Kennametal typically pays dividends on a quarterly basis.
Does Kennametal pay dividends quarterly?
Kennametal currently pays dividends on a quarterly basis.
Has Kennametal ever paid a dividend?
Yes, Kennametal has a history of paying dividends to its shareholders. Kennametal is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kennametal dividend stocks?
To buy Kennametal you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Kennametal stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Kennametal stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Kennametal pay dividends 2024?
Kennametal pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Kennametal increase its dividend in 2024?
Decisions regarding Kennametal dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Kennametal dividend overview you can look into the above table of dividend history.
How Kennametal dividend works?
The Kennametal dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Kennametal's dividend process works:
1. Determination of Dividend: Kennametal'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, Kennametal 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, Kennametal 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 Kennametal 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. Determination of Dividend: Kennametal'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, Kennametal 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, Kennametal 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 Kennametal 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.
How are Kennametal dividends paid?
Kennametal dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kennametal 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, Kennametal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kennametal 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.
1. Record Date: Kennametal 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, Kennametal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kennametal 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.
How many times does Kennametal pay dividends?
Kennametal typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Kennametal pay dividends?
The general pattern is that Kennametal pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kennametal dividend safe?
The safety of Kennametal's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Kennametal'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 Kennametal'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.
To assess the safety of Kennametal'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 Kennametal'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.