Kadant Declares Cash Dividend
2024年5月17日 - 5:12AM
Kadant Inc. (NYSE: KAI) announced today that its Board of Directors
has approved a quarterly cash dividend to stockholders of $0.32 per
share to be paid on August 8, 2024 to stockholders of record as of
the close of business on July 11, 2024. Future declarations of
dividends are subject to Board approval and may be adjusted as
business needs or market conditions change.
About KadantKadant 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
3,400 employees in 20 countries worldwide. For more information,
visit www.kadant.com.
Safe Harbor StatementThe 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.
ContactsInvestor Contact Information:Michael
McKenney, 978-776-2000IR@kadant.com orMedia Contact
Information:Wes Martz, 269-278-1715media@kadant.com
Kadant (NYSE:KAI)
過去 株価チャート
から 5 2024 まで 6 2024
Kadant (NYSE:KAI)
過去 株価チャート
から 6 2023 まで 6 2024