Kadant Declares Cash Dividend
Kadant Inc. (NYSE: KAI) has announced its Board of Directors' approval of a quarterly cash dividend of $0.32 per share. The dividend will be paid on February 6, 2025 to stockholders of record as of the close of business on January 9, 2025. The company notes that future dividend declarations will require Board approval and may be adjusted based on business needs or market conditions.
Kadant Inc. (NYSE: KAI) ha annunciato l'approvazione da parte del suo Consiglio di Amministrazione di un dividendo trimestrale in contante di $0,32 per azione. Il dividendo sarà pagato il 6 febbraio 2025 agli azionisti registrati alla chiusura degli affari del 9 gennaio 2025. L'azienda fa notare che le future dichiarazioni di dividendo richiederanno l'approvazione del Consiglio e potrebbero essere adeguate in base alle esigenze aziendali o alle condizioni di mercato.
Kadant Inc. (NYSE: KAI) ha anunciado la aprobación por parte de su Junta Directiva de un dividendo en efectivo trimestral de $0.32 por acción. El dividendo se pagará el 6 de febrero de 2025 a los accionistas registrados al cierre de operaciones del 9 de enero de 2025. La empresa señala que las futuras declaraciones de dividendos requerirán aprobación de la Junta y pueden ajustarse según las necesidades comerciales o las condiciones del mercado.
카단트 Inc. (NYSE: KAI)는 이사회가 분기 현금 배당금으로 주당 $0.32의 승인을 했다고 발표했습니다. 배당금은 2025년 2월 6일에 2025년 1월 9일 업무 종료 시점에 주주로 등록된 사람들에게 지급됩니다. 회사는 향후 배당금 선언이 이사회의 승인을 필요로 하며, 사업 필요성이나 시장 상황에 따라 조정될 수 있다고 언급했습니다.
Kadant Inc. (NYSE: KAI) a annoncé l'approbation par son Conseil d'Administration d'un dividende en espèces trimestriel de 0,32 $ par action. Le dividende sera versé le 6 février 2025 aux actionnaires enregistrés à la clôture des affaires le 9 janvier 2025. L'entreprise précise que les futures déclarations de dividendes nécessiteront l'approbation du Conseil et pourraient être ajustées en fonction des besoins de l'entreprise ou des conditions du marché.
Kadant Inc. (NYSE: KAI) hat die Genehmigung des Vorstands für eine vierteljährliche Bar-Dividende von 0,32 $ pro Aktie bekannt gegeben. Die Dividende wird am 6. Februar 2025 an Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 9. Januar 2025 registriert sind. Das Unternehmen weist darauf hin, dass zukünftige Dividendenausschüttungen die Genehmigung des Vorstands erfordern und je nach Geschäftsbedürfnissen oder Marktbedingungen angepasst werden können.
- Maintains consistent shareholder returns through quarterly dividend payments
- Shows financial stability and commitment to shareholder value
- None.
WESTFORD, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of
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 3,500 employees in 20 countries worldwide. For more information, visit www.kadant.com.
Safe Harbor Statement
The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our business, financial performance, and cash dividend program. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023 and subsequent filings with the Securities and Exchange Commission. These include risks and uncertainties relating to adverse changes in global and local economic conditions; the variability and difficulty in accurately predicting revenues from large capital equipment and systems projects; our acquisition strategy; levels of residential construction activity; reductions by our wood processing customers of their capital spending or production of oriented strand board; changes to the global timber supply; development and use of digital media; cyclical economic conditions affecting the global mining industry; demand for coal, including economic and environmental risks associated with coal; failure of our information systems or breaches of data security and cybertheft; implementation of our internal growth strategy; supply chain constraints, inflationary pressure, price increases and shortages in raw materials; competition; changes to tax laws and regulations; our ability to successfully manage our manufacturing operations; disruption in production; future restructurings; loss of key personnel and effective succession planning; protection of intellectual property; climate change; adequacy of our insurance coverage; global operations; policies of the Chinese government; the variability and uncertainties in sales of capital equipment in China; currency fluctuations; changes to government regulations and policies around the world; compliance with government regulations and policies and compliance with laws; environmental laws and regulations; environmental, health and safety laws and regulations impacting the mining industry; our debt obligations; restrictions in our credit agreement and note purchase agreement; soundness of financial institutions; fluctuations in our share price; and anti-takeover provisions.
Contacts
Investor Contact Information:
Michael McKenney, 978-776-2000
IR@kadant.com
Media Contact Information:
Wes Martz, 269-278-1715
media@kadant.com
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