KAI - Kadant Declares Cash Dividend | Benzinga
WESTFORD, Mass., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on November 9, 2023 to stockholders of record as of the close of business on October 12, 2023. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.
About Kadant
Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company's products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,100 employees in 20 countries worldwide. For more information, visit www.kadant.com.
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