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Kennametal (Kennametal) Dividend Payout Ratio : 0.67 (As of Dec. 2023)


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What is Kennametal Dividend Payout Ratio?

Kennametal's dividend payout ratio for the months ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Kennametal's Dividend Payout Ratio or its related term are showing as below:

KMT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.47   Max: 0.94
Current: 0.5


During the past 13 years, the highest Dividend Payout Ratio of Kennametal was 0.94. The lowest was 0.26. And the median was 0.47.

KMT's Dividend Payout Ratio is ranked worse than
70.35% of 1673 companies
in the Industrial Products industry
Industry Median: 0.33 vs KMT: 0.50

As of today (2024-04-29), the Dividend Yield % of Kennametal is 3.33%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kennametal was 5.08%. The lowest was 1.27%. And the median was 2.27%.

Kennametal's Dividends per Share for the months ended in Dec. 2023 was $0.20.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kennametal was 37.50% per year. The lowest was 1.10% per year. And the median was 4.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Kennametal Dividend Payout Ratio Historical Data

The historical data trend for Kennametal's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kennametal Dividend Payout Ratio Chart

Kennametal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.94 0.83 0.47 0.53

Kennametal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.53 0.39 0.49 0.67

Competitive Comparison of Kennametal's Dividend Payout Ratio

For the Tools & Accessories subindustry, Kennametal's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kennametal's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kennametal's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kennametal's Dividend Payout Ratio falls into.



Kennametal Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Kennametal's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=0.8/ 1.52
=0.53

Kennametal's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.3
=0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kennametal (NYSE:KMT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Kennametal Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Kennametal's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kennametal (Kennametal) Business Description

Traded in Other Exchanges
Address
525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.
Executives
William J. Harvey director 26 PHEASANT'S RIDGE SOUTH, GREENVILLE DE 19807
Cindy L Davis director 2635 SW GRENWOLDE PLACE, PORTLAND OR 97201
William M Lambert director C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Christopher Rossi officer: President and CEO C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
John Wayne Witt officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Sanjay Chowbey officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Franklin Cardenas officer: Vice President 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Steven H Wunning director 471 EAST HIGH POINT DRIVE, PEORIA IL 61614
Lorraine M Martin director 1121 SPRING LAKE DRIVE, ITASCA IL 60143
Paul Sternlieb director 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Judith L Bacchus officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Patrick S Watson officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Ronald L Port officer: Vice President 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Lawrence W Stranghoener director 2035 KIMBERLY COURT, PLYMOUTH MN 55447