Kadant Inc (KAI) to Issue Quarterly Dividend of $0.36 on May 13th

Kadant Inc (NYSE:KAI) announced a quarterly dividend on Wednesday, March 11th. Investors of record on Wednesday, April 15th will be paid a dividend of 0.36 per share by the industrial products company on Wednesday, May 13th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, April 15th. This is a 5.9% increase from Kadant’s previous quarterly dividend of $0.34.

Kadant has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 12 consecutive years. Kadant has a dividend payout ratio of 13.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Kadant to earn $11.39 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 11.9%.

Kadant Price Performance

NYSE:KAI opened at $322.14 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.38 and a quick ratio of 1.47. The company has a 50 day moving average price of $327.05 and a 200-day moving average price of $305.04. Kadant has a 1-year low of $244.87 and a 1-year high of $369.97. The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 37.24 and a beta of 1.22.

Kadant (NYSE:KAI) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.80 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.61. The company had revenue of $286.20 million for the quarter, compared to analyst estimates of $274.43 million. Kadant had a return on equity of 11.57% and a net margin of 9.69%.Kadant’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.25 EPS. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. Equities research analysts forecast that Kadant will post 9.97 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Champlain Investment Partners LLC increased its stake in shares of Kadant by 54.6% during the 2nd quarter. Champlain Investment Partners LLC now owns 248,632 shares of the industrial products company’s stock valued at $78,928,000 after acquiring an additional 87,832 shares during the last quarter. Advantage Alpha Capital Partners LP purchased a new stake in shares of Kadant in the 2nd quarter valued at approximately $2,745,000. Geode Capital Management LLC boosted its holdings in shares of Kadant by 1.5% during the second quarter. Geode Capital Management LLC now owns 279,013 shares of the industrial products company’s stock worth $88,583,000 after purchasing an additional 4,162 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Kadant by 6.8% in the second quarter. Handelsbanken Fonder AB now owns 78,079 shares of the industrial products company’s stock worth $24,786,000 after buying an additional 5,000 shares during the period. Finally, Kornitzer Capital Management Inc. KS bought a new position in Kadant during the third quarter worth about $4,327,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

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.