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WESTFORD, Mass. - Kadant Inc. (NYSE: KAI), a global supplier of technologies and engineered systems for the process industries, announced a quarterly cash dividend of $0.34 per share. The dividend is payable on August 7, 2025, to stockholders of record as of the close of business on July 10, 2025. According to InvestingPro data, Kadant has raised its dividend for 12 consecutive years, with a current yield of 0.42% and a 6.25% dividend growth rate over the last twelve months. The company’s dividend payments are subject to approval by its Board of Directors and may vary based on business and market conditions.
Kadant, headquartered in Westford, Massachusetts, operates with approximately 3,500 employees across 20 countries. The company specializes in products and services that contribute to the efficiency, energy optimization, and productivity of industrial processes. With a market capitalization of $3.8 billion, Kadant maintains strong financial health, as evidenced by its current ratio of 2.47 and moderate debt levels. InvestingPro analysis shows the company has generated robust returns, with a gross profit margin of nearly 45% and revenue of over $1 billion in the last twelve months.
The press release also included a Safe Harbor statement, cautioning that forward-looking statements involve risks and uncertainties. These statements, including those about Kadant’s financial performance and cash dividend program, are based on expectations as of the date of the release and may change in the future. The company does not commit to updating any forward-looking statement publicly.
Potential factors that could affect actual results include changes in economic conditions, project predictability, strategic acquisitions, construction activity levels, timber supply, digital media development, mining industry cycles, coal demand, cybersecurity, internal growth strategies, competition, manufacturing operations, supply chain issues, personnel retention, restructuring, intellectual property, tax laws, climate change, insurance coverage, international operations, Chinese government policies, currency fluctuations, regulatory compliance, environmental regulations, debt obligations, financial institution soundness, share price fluctuations, and anti-takeover measures.
The information for this article is based on a press release statement from Kadant Inc.
In other recent news, Kadant Inc reported its financial results for the first quarter of 2025, showing an earnings per share (EPS) of $2.10, which exceeded the forecast of $1.97. However, the company did not meet its revenue expectations, posting $239 million against a projected $244.72 million. Following this, Kadant revised its 2025 revenue guidance downward to a range of $1.020 billion to $1.040 billion from the previous $1.040 billion to $1.065 billion. Additionally, the company announced a $50 million stock repurchase program approved by its Board of Directors, set to run until May 15, 2026.
The company’s aftermarket parts business, making up 75% of total revenue, increased by 5%, indicating a strategic focus amid supply chain challenges. Despite a challenging quarter, Kadant’s gross margin improved to 46.1%, its highest since 2017. The company also adjusted its EPS guidance to $9.05 to $9.25, down from $9.70 to $10.05. Analysts from firms like William Blair and Barrington have shown interest in the company’s order book and the impact of tariffs on future projects.
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