2017 Corporate News

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03/08/17Kadant Declares Cash Dividend
Raises Quarterly Dividend 11% to $0.21 per Share WESTFORD, Mass.--(BUSINESS WIRE)--Mar. 8, 2017-- Kadant Inc. (NYSE:KAI) announced that its Board of Directors approved an 11% increase to its quarterly cash dividend to stockholders to $0.21 per share to be paid on May 11, 2017 to stockholders of record as of the close of business on April 13, 2017. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or ... 
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02/23/17Kadant Reports Fourth Quarter and Fiscal Year 2016 Results
Q4 Bookings Increase 20% Sequentially WESTFORD, Mass.--(BUSINESS WIRE)--Feb. 23, 2017-- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2016. Fourth Quarter Financial Highlights Revenue was $100 million vs. $108 million Gross margin was 46% Diluted EPS was $0.69 vs. $0.94 Net Income was $8 mill... 
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02/17/17Kadant to Hold Earnings Conference Call on Thursday, February 23, 2017
WESTFORD, Mass.--(BUSINESS WIRE)--Feb. 17, 2017-- Kadant Inc. (NYSE:KAI) announced that it will release its 2016 fourth quarter and full-year results after the market closes on Thursday, February 23, 2017 and will hold a webcast the same day, at 4:30 p.m. eastern time. During the call the Company will discuss its fourth quarter and full-year financial performance, as well as future expectations, including 2017 financial guidance. To listen... 
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01/26/17Kadant Expands PAAL Business into North America
Awarded First US Order for Channel Baler Appoints Distributor for Material Recycling Market in U.S. and Canada WESTFORD, Mass.--(BUSINESS WIRE)--Jan. 26, 2017-- Kadant Inc. (NYSE:KAI) announced today it has appointed Bulk Handling Systems (BHS) as the exclusive distributor of its high-performance balers to material recycling facilities in the U.S. and Canada. Through BHS, Kadant has been awarded its first U.S. order for a channel baler to be ... 
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