Kadant's last quarterly dividend of $0.32 per share was on Apr 9, 2024 (ex-date). The annualized dividend payment of $1.19 per share represents a current dividend yield of 0.41%. The latest KAI payout of $0.32 marks a dividend growth of 10%.
Kadant's dividend yield of 0.41% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.41%, Kadant's dividend yield is 71% lower. The current dividend yield is below the historical average of 0.7% of the last 5 years.
Kadant has a history of paying dividends since 2013. Our records of KAI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 11% since one year ago. But with the stock price up by 50% from a year ago, the dividend yield marks a decrease of 26%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 9, 2024 | May 8, 2024 | Mar 6, 2024 | $0.32 | normal |
| Jan 3, 2024 | Feb 1, 2024 | Nov 16, 2023 | $0.29 | normal |
| Oct 11, 2023 | Nov 9, 2023 | Sep 7, 2023 | $0.29 | normal |
| Jul 12, 2023 | Aug 10, 2023 | May 18, 2023 | $0.29 | normal |
| Apr 11, 2023 | May 10, 2023 | Mar 8, 2023 | $0.29 | normal |
| Jan 4, 2023 | Feb 2, 2023 | Nov 17, 2022 | $0.26 | normal |
| Oct 12, 2022 | Nov 10, 2022 | Sep 8, 2022 | $0.26 | normal |
| Jul 13, 2022 | Aug 11, 2022 | May 19, 2022 | $0.26 | normal |
| Apr 12, 2022 | May 11, 2022 | Mar 9, 2022 | $0.26 | normal |
| Jan 5, 2022 | Feb 3, 2022 | Nov 18, 2021 | $0.25 | normal |
| Oct 13, 2021 | Nov 11, 2021 | Sep 9, 2021 | $0.25 | normal |
| Jul 14, 2021 | Aug 12, 2021 | May 20, 2021 | $0.25 | normal |
| Apr 13, 2021 | May 12, 2021 | Mar 10, 2021 | $0.25 | normal |
| Jan 6, 2021 | Feb 4, 2021 | Nov 19, 2020 | $0.24 | normal |
| Oct 14, 2020 | Nov 12, 2020 | Sep 17, 2020 | $0.24 | normal |
| Jul 8, 2020 | Aug 6, 2020 | May 13, 2020 | $0.24 | normal |
| Apr 6, 2020 | May 5, 2020 | Mar 3, 2020 | $0.24 | normal |
| Jan 8, 2020 | Feb 6, 2020 | Nov 21, 2019 | $0.23 | normal |
| Oct 9, 2019 | Nov 7, 2019 | Sep 11, 2019 | $0.23 | normal |
| Jul 10, 2019 | Aug 8, 2019 | May 15, 2019 | $0.23 | normal |
| Apr 8, 2019 | May 7, 2019 | Mar 5, 2019 | $0.23 | normal |
| Jan 8, 2019 | Feb 6, 2019 | Dec 4, 2018 | $0.22 | normal |
| Oct 10, 2018 | Nov 8, 2018 | Sep 12, 2018 | $0.22 | normal |
| Jul 11, 2018 | Aug 9, 2018 | May 16, 2018 | $0.22 | normal |
| Apr 11, 2018 | May 10, 2018 | Mar 8, 2018 | $0.22 | normal |
| Jan 10, 2018 | Feb 8, 2018 | Nov 15, 2017 | $0.21 | normal |
| Oct 11, 2017 | Nov 9, 2017 | Sep 20, 2017 | $0.21 | normal |
| Jul 11, 2017 | Aug 10, 2017 | May 17, 2017 | $0.21 | normal |
| Apr 11, 2017 | May 11, 2017 | Mar 8, 2017 | $0.21 | normal |
| Jan 10, 2017 | Feb 9, 2017 | Nov 16, 2016 | $0.19 | normal |
| Oct 11, 2016 | Nov 10, 2016 | Sep 14, 2016 | $0.19 | normal |
| Jul 12, 2016 | Aug 11, 2016 | May 18, 2016 | $0.19 | normal |
Kadant's payout ratio of 12% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 30%, Kadant's payout ratio is 60% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ITW Illinois Tool Works Inc | 2.2% | $5.51 | 56.4% |
| AIN Albany International Corp | 1.16% | $1.02 | 28.7% |
| CMCO Columbus Mckinnon Corp | 0.67% | $0.28 | 16.6% |
| KAI Kadant Inc | 0.41% | $1.19 | 12% |
Yes, Kadant has paid four dividends in the last 12 months. KAI has been paying dividends since 2013.
Currently KAI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
Kadant's last dividend ex-date was on Apr 9, 2024. The dividend amount was $0.32 per share.
On an annual basis KAI pays $1.19 per share.
Kadant's current dividend yield is 0.41%.
Kadant pays four dividends per year.
The dividend payout ratio of Kadant is 12%.
Kadant's dividend yield is below the Industrials sector average.