Kennametal Inc. (KMT) to Distribute Quarterly Dividend of $0.20 on August 25th

Kennametal Inc. (NYSE:KMT) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Tuesday, August 11th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, August 11th.

Kennametal has a payout ratio of 59.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kennametal to earn $1.86 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 43.0%.

Kennametal Trading Down 2.2%

KMT stock opened at $33.11 on Friday. The company has a quick ratio of 0.99, a current ratio of 2.62 and a debt-to-equity ratio of 0.42. Kennametal has a twelve month low of $19.80 and a twelve month high of $43.81. The company has a market cap of $2.52 billion, a P/E ratio of 7.52, a PEG ratio of 0.34 and a beta of 1.36. The business has a fifty day moving average of $34.38 and a 200-day moving average of $36.37.

Kennametal (NYSE:KMT) last announced its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.65. The firm had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. Kennametal had a return on equity of 24.83% and a net margin of 14.53%.The company’s revenue was up 42.6% on a year-over-year basis. During the same period last year, the company earned $0.34 earnings per share. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. As a group, equities research analysts expect that Kennametal will post 4.65 EPS for the current year.

About Kennametal

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.