Kadant Inc (NYSE:KAI) Plans Quarterly Dividend of $0.36

Kadant Inc (NYSE:KAI) declared a quarterly dividend on Thursday, May 21st. Investors of record on Thursday, July 16th will be paid a dividend of 0.36 per share by the industrial products company on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 16th.

Kadant has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 12 years. Kadant has a payout ratio of 14.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Kadant to earn $14.10 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 10.2%.

Kadant Stock Performance

Shares of Kadant stock opened at $307.44 on Friday. Kadant has a one year low of $244.87 and a one year high of $369.97. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 35.06 and a beta of 1.19. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.53 and a current ratio of 2.47. The business’s 50 day moving average price is $312.51 and its 200 day moving average price is $307.02.

Kadant (NYSE:KAI) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.73. The company had revenue of $281.51 million during the quarter, compared to analysts’ expectations of $274.95 million. Kadant had a return on equity of 12.13% and a net margin of 9.45%.The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.10 earnings per share. Kadant has set its Q2 2026 guidance at 2.880-2.980 EPS and its FY 2026 guidance at 12.330-12.680 EPS. On average, research analysts predict that Kadant will post 12.5 EPS for the current year.

Kadant announced that its board has initiated a stock repurchase program on Thursday, May 21st that allows the company to buyback $50.00 million in shares. This buyback authorization allows the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

About Kadant

Kadant Inc, headquartered in Westford, Massachusetts, is a global supplier of high‐value, critical components and engineered systems for the pulp and paper industry and other process industries. The company’s product portfolio spans stock preparation technologies, refiners and pulpers, fluid handling systems, and web‐handling equipment designed to optimize the efficiency and quality of paper production. In addition to capital equipment, Kadant offers aftermarket services, including spare parts, maintenance programs and process optimization consulting, which together support long‐term customer productivity and reliability.

Originally part of a larger industrial conglomerate, Kadant was established as an independent public company in 1991.