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

by · The Cerbat Gem

Kadant Inc (NYSE:KAI – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Investors of record on Thursday, July 16th will be given a dividend of 0.36 per share by the industrial products company on Thursday, August 13th. This represents a c) annualized dividend and a dividend 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%annually over the last three years and has raised 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 research 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 Down 0.6%

NYSE KAI opened at $307.44 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.53. The stock has a market capitalization of $3.63 billion, a PE ratio of 35.06 and a beta of 1.19. Kadant has a 1 year low of $244.87 and a 1 year high of $369.97. The business’s 50-day moving average is $312.51 and its 200 day moving average is $307.02.

Kadant (NYSE:KAI – Get Free Report) 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 for 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%.Kadant’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that Kadant will post 12.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on KAI. Weiss Ratings raised Kadant from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Zacks Research cut Kadant from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Barrington Research reaffirmed an “outperform” rating and set a $380.00 price objective on shares of Kadant in a research report on Monday, May 4th. Wall Street Zen raised Kadant from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, DA Davidson set a $303.00 price objective on Kadant in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Kadant presently has a consensus rating of “Hold” and an average price target of $341.50.

Read Our Latest Analysis on Kadant

Kadant Company Profile

(Get Free Report)

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.

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