Kadant Declares Cash Dividend
Kadant Inc. (NYSE: KAI) has announced a quarterly cash dividend of $0.32 per share. The dividend will be paid on November 7, 2024 to stockholders of record as of the close of business on October 10, 2024. This decision was approved by Kadant's Board of Directors. It's important to note that future dividend declarations are subject to Board approval and may be adjusted based on changing business needs or market conditions. This announcement demonstrates Kadant's commitment to returning value to its shareholders through regular dividend payments.
Kadant Inc. (NYSE: KAI) ha annunciato un dividendo cash trimestrale di $0.32 per azione. Il dividendo sarà pagato il 7 novembre 2024 agli azionisti registrati alla chiusura degli affari del 10 ottobre 2024. Questa decisione è stata approvata dal Consiglio di Amministrazione di Kadant. È importante notare che le dichiarazioni future sui dividendi sono soggette all'approvazione del Consiglio e possono essere modificate in base alle esigenze aziendali in evoluzione o alle condizioni di mercato. Questo annuncio dimostra l'impegno di Kadant nel restituire valore ai propri azionisti attraverso pagamenti regolari di dividendi.
Kadant Inc. (NYSE: KAI) ha anunciado un dividendo en efectivo trimestral de $0.32 por acción. El dividendo se pagará el 7 de noviembre de 2024 a los accionistas registrados al cierre de operaciones del 10 de octubre de 2024. Esta decisión fue aprobada por la Junta Directiva de Kadant. Es importante señalar que las futuras declaraciones de dividendos están sujetas a la aprobación de la Junta y pueden ajustarse según las necesidades comerciales cambiantes o las condiciones del mercado. Este anuncio demuestra el compromiso de Kadant de devolver valor a sus accionistas a través de pagos regulares de dividendos.
Kadant Inc. (NYSE: KAI)는 분기 현금 배당금으로 주당 $0.32를 발표했습니다. 배당금은 2024년 11월 7일에 2024년 10월 10일 거래 종료 시점의 주주에게 지급됩니다. 이 결정은 Kadant의 이사회에 의해 승인되었습니다. 앞으로의 배당금 발표는 이사회의 승인을 필요로 하며, 변화하는 비즈니스 요구나 시장 조건에 따라 조정될 수 있습니다. 이 발표는 Kadant이 정기적인 배당금 지급을 통해 주주에게 가치를 환원하겠다는 의지를 나타냅니다.
Kadant Inc. (NYSE: KAI) a annoncé un dividende en espèces trimestriel de 0,32 $ par action. Le dividende sera payé le 7 novembre 2024 aux actionnaires inscrits à la clôture des affaires le 10 octobre 2024. Cette décision a été approuvée par le Conseil d'Administration de Kadant. Il est important de noter que les déclarations de dividendes futurs sont soumises à l'approbation du Conseil et peuvent être ajustées en fonction des besoins commerciaux changeants ou des conditions du marché. Cette annonce démontre l'engagement de Kadant à restituer de la valeur à ses actionnaires par le biais de paiements réguliers de dividendes.
Kadant Inc. (NYSE: KAI) hat eine vierteljährliche Bar-Dividende von 0,32 $ pro Aktie angekündigt. Die Dividende wird am 7. November 2024 an die Aktionäre gezahlt, die am 10. Oktober 2024 zum Geschäftsschluss im Aktienregister stehen. Diese Entscheidung wurde vom Vorstand von Kadant genehmigt. Es ist wichtig zu beachten, dass künftige Dividendenausschüttungen der Genehmigung des Vorstands unterliegen und je nach sich ändernden Geschäftsanforderungen oder Marktbedingungen angepasst werden können. Diese Ankündigung zeigt Kadants Engagement, den Aktionären durch regelmäßige Dividendenzahlungen einen Wert zurückzugeben.
- Kadant is maintaining its dividend payment, indicating financial stability
- The company continues to provide regular income to shareholders
- None.
WESTFORD, Mass., Sept. 05, 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
or
Media Contact Information:
Wes Martz, 269-278-1715
media@kadant.com
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