Kennametal Announces Quarterly Dividend of $0.20 Per Share
Kennametal Inc. (KMT) has declared a quarterly dividend of $0.20 per share, maintaining its previous payout level. The dividend carries a forward yield of 2.62%, with the ex-dividend date set for November 9 and payment scheduled for November 23. This announcement follows recent financial performance where Kennametal reported GAAP earnings per share (EPS) of $3.48, significantly beating analyst expectations by $0.84. While revenue reached $768 million, it slightly missed estimates by $2.38 million, reflecting a complex operational environment for the company.
Tickers: $KMT
Topics: dividend declaration earnings beat financial results revenue miss