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Stock impact report

Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20 [Yahoo! Finance]

Kennametal Inc. (KMT) 
Last kennametal inc. earnings: 2/3 04:01 pm Check Earnings Report
US:NYSE Investor Relations: kennametal.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
2 min read In This Article KMT Kennametal Inc.'s NYSE:KMT ) investors are due to receive a payment of $0.20 per share on 25th of February. This makes the dividend yield 3.4%, which will augment investor returns quite nicely. Check out our latest analysis for Kennametal Kennametal's Projected Earnings Seem Likely To Cover Future Distributions While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Based on the last payment, Kennametal was quite comfortably earning enough to cover the dividend. This means that a large portion of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 41.4% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 44% by next year, which is in a pretty sustainable range. NYSE:KMT Historic Dividend February 5th 2025 Kennametal Has A Solid Track Record The company has a sustai Show less Read more
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