Kennametal Inc. Announces Quarterly Dividend of $0.20 (NYSE:KMT)

Kennametal Inc. (NYSE:KMTGet Free Report) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, May 12th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, May 26th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 12th.

Kennametal has a dividend payout ratio of 59.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kennametal to earn $3.32 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 24.1%.

Kennametal Stock Performance

Shares of NYSE:KMT opened at $36.09 on Friday. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 0.35 and a beta of 1.44. Kennametal has a 52 week low of $17.62 and a 52 week high of $43.81. The company has a quick ratio of 1.14, a current ratio of 2.38 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $38.20 and a 200 day moving average of $33.11.

Kennametal (NYSE:KMTGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $592.59 million during the quarter, compared to the consensus estimate of $568.03 million. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. Kennametal’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. On average, sell-side analysts predict that Kennametal will post 3.91 earnings per share for the current fiscal year.

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Kennametal Company Profile

(Get Free Report)

Kennametal Inc is a global industrial technology company that designs and manufactures advanced materials, tooling systems, and engineered components for a range of demanding applications. Its solutions support precision metalworking, earthmoving, and wear-resistant environments, catering to customers seeking enhanced productivity, longer tool life, and reduced operating costs.

The company’s product portfolio spans indexable cutting tools, solid round tools, tool holders, metalworking fluid systems, wear parts, ceramics and composites, and custom-engineered components.

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Dividend History for Kennametal (NYSE:KMT)

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