As of today (2024-04-19), the Forward Annual Dividend Yield of Kadant is 0.45%.
As of today (2024-04-19), the Trailing Annual Dividend Yield of Kadant is 0.42%.
KAI's Forward Dividend Yield % is ranked worse than 88.47% of 1848
companies
in the Industrial Products industry
Industry Median: 2
vs KAI: 0.45
Kadant's Dividends per Share for the
three
months ended in Dec. 2023 was $0.58.
During the past 12 months, Kadant's average Dividends Per Share Growth Rate was 37.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kadant was 22.10% per year. The lowest was 4.20% per year. And the median was 8.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Kadant's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kadant Forward Dividend Yield % Distribution
For the Industrial Products industry and Industrials sector, Kadant's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kadant's Forward Dividend Yield % falls into.
Kadant Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kadant Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.320
2024-04-09
2024-04-10
2024-05-08
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.290
2024-01-03
2024-01-04
2024-02-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.290
2023-10-11
2023-10-12
2023-11-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.290
2023-07-12
2023-07-13
2023-08-10
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Kadant's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.28
/
283.90
=
0.45 %
Current Share Price is $283.90.
Kadant's Dividends per Share for the forward twelve months is calculated as $0.32 * 4 = $1.28.
Kadant's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.19
/
283.90
=
0.42 %
Current Share Price is $283.90.
Kadant's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.19.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Kadant's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.
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