Kennametal Dividends and Buybacks
Dividend criteria checks 5/6
Kennametal is a dividend paying company with a current yield of 2.81% that is well covered by earnings. Last payment was on 26th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
2.8%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | €0.734 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KM3's dividends per share have been stable in the past 10 years.
Growing Dividend: KM3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kennametal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KM3) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.6% |
| Analyst forecast (KM3) (up to 3 years) | 2.9% |
Notable Dividend: KM3's dividend (2.81%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: KM3's dividend (2.81%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), KM3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), KM3's dividend payments are well covered by cash flows.