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

Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Tuesday, August 11th will be paid a dividend of 0.20 per share by the industrial products company on Tuesday, August 25th. This represents a c) annualized dividend 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% meaning its dividend is sufficiently covered by earnings. 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%

Shares of NYSE:KMT opened at $33.11 on Friday. Kennametal has a 12-month low of $19.80 and a 12-month high of $43.81. The company has a market capitalization of $2.52 billion, a PE ratio of 7.52, a PEG ratio of 0.34 and a beta of 1.36. The business has a 50 day moving average of $34.38 and a two-hundred day moving average of $36.37. The company has a current ratio of 2.62, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42.

Kennametal (NYSE:KMT) last released its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $2.96 EPS for the quarter, topping the consensus estimate of $2.31 by $0.65. The business had revenue of $736.61 million for 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 business’s quarterly revenue was up 42.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. 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, analysts forecast that Kennametal will post 4.65 EPS for the current year.

Kennametal Company Profile

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.