Kadant Inc (KAI) To Go Ex-Dividend on July 16th

Kadant Inc (NYSE:KAI) announced 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 dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 16th.

Kadant has increased its dividend payment 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 dividend payout ratio of 14.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kadant to earn $14.19 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 10.1%.

Kadant Trading Down 1.1%

KAI opened at $291.25 on Tuesday. The stock has a market capitalization of $3.44 billion, a P/E ratio of 33.21 and a beta of 1.20. The company has a current ratio of 2.47, a quick ratio of 1.53 and a debt-to-equity ratio of 0.36. Kadant has a 12 month low of $244.87 and a 12 month high of $369.97. The firm’s fifty day simple moving average is $309.76 and its 200 day simple moving average is $314.69.

Kadant (NYSE:KAI) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.73. The firm 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 company’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.10 EPS. Kadant has set its Q2 2026 guidance at 2.880-2.980 EPS and its FY 2026 guidance at 12.330-12.680 EPS. As a group, research analysts anticipate that Kadant will post 12.42 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on KAI. Barrington Research restated an “outperform” rating and issued a $380.00 target price on shares of Kadant in a research note on Monday, May 4th. Weiss Ratings raised shares of Kadant from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Kadant from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Zacks Research lowered shares of Kadant from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Kadant has a consensus rating of “Hold” and an average price target of $341.50.

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.