Kennametal Inc. (KMT) To Go Ex-Dividend on May 12th

Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, May 12th will be paid a dividend of 0.20 per share by the industrial products company on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend 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 Trading Down 13.5%

Shares of Kennametal stock opened at $36.09 on Friday. 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 company’s 50-day simple moving average is $38.20 and its 200-day simple moving average is $33.11. The firm has a market cap 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 (NYSE:KMT) last issued its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. The business had revenue of $592.59 million for the quarter, compared to analyst estimates of $568.03 million. During the same period in the previous year, the business posted $0.47 earnings per share. The business’s revenue was up 21.8% compared to the same quarter last year. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. As a group, equities research analysts anticipate that Kennametal will post 3.91 earnings per share 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.