By Colin Kellaher
Kadant's board has raised the company's quarterly dividend by 5.9%, to 36 cents from 34 cents.
The new payout, equal to $1.44 a year, represents an annual yield of about 0.43% based on Wednesday's closing price of $332.72, up from 0.41%.
The Westford, Mass., supplier of technologies and engineered systems said the increased dividend is payable May 13 to shareholders of record April 15.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 11, 2026 16:40 ET (20:40 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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