GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kadant Inc (NYSE:KAI) » Definitions » 5-Year Dividend Growth Rate

Kadant (Kadant) 5-Year Dividend Growth Rate : 8.50% (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Kadant 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Kadant's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, Kadant's Dividend Yield % is 0.42%.

Warning Sign:

Kadant Inc stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Kadant's 5-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Kadant's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kadant's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kadant's 5-Year Dividend Growth Rate falls into.



Kadant 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kadant  (NYSE:KAI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kadant's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.58/ 2.41
=0.24

During the past 13 years, the highest Dividend Payout Ratio of Kadant was 0.30. The lowest was 0.11. And the median was 0.18.

2. 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 0.3202024-04-092024-04-102024-05-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902024-01-032024-01-042024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-10-112023-10-122023-11-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-07-122023-07-132023-08-10Cash DividendquarterlyUSD: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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.19/282.37
=0.42 %

Current Share Price is $282.37.
Kadant's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.19.

During the past 13 years, the highest Dividend Yield of Kadant was 1.89%. The lowest was 0.37%. And the median was 0.87%.

Warning Sign:

Kadant Inc stock dividend yield is close to 10-year low.

* 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.


Kadant 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Kadant's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Kadant (Kadant) Business Description

Traded in Other Exchanges
Address
One Technology Park Drive, Westford, MA, USA, 01886
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.
Executives
Thomas Andrew Blanchard officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael C. Colwell officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Erin L Russell director 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
John M Albertine director 100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Dara F Mitchell officer: Senior VP, Corp. Development 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Peter J. Flynn officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Fredrik H Westerhout officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Stacy D. Krause officer: VP, General Counsel, Secretary KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael J Mckenney officer: VICE PRESIDENT ONE ACTON PLACE STE.200, ACTON MA 01720
William P Tully director 1 TECHNOLOGY PARK DRIVE, 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Rebecca Martinez O'mara director KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Thomas C Leonard director KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Eric T Langevin officer: Vice President KADANT INC., ONE ACTON PLACE, SUITE 202, ACTON MA 01720
Jeffrey L Powell officer: EXECUTIVE VICE PRESIDENT 1 WALNUT STREET, ACTON MA 01720
Jonathan W Painter officer: EXECUTIVE VICE PRESIDENT ONE ACTO PLACE, SUITE 202, ACTON MA 01720

Kadant (Kadant) Headlines

From GuruFocus

Kadant Authorizes Share Repurchase

By GuruFocusNews GuruFocusNews 06-18-2022

Kadant Named to Newsweek's List of America's Most Responsible Companies 2023

By Stock market mentor Stock market mentor 01-25-2023

Kadant Declares Cash Dividend

By GuruFocusNews GuruFocusNews 06-08-2022

Kadant Releases its 2022 Corporate Sustainability Report

By GlobeNewswire GlobeNewswire 03-16-2023

Kadant Declares Cash Dividend

By Marketwired 09-07-2023

Kadant Releases its 2022 Corporate Sustainability Report

By sperokesalga sperokesalga 03-17-2023

Kadant to Hold Earnings Conference Call on Wednesday, May 4, 2022

By GuruFocusNews GuruFocusNews 04-28-2022