Kadant, components and engineered systems supplier, increased its quarterly cash dividend payable on May 11, 2017

Components and engineered systems supplier Kadant announced that its Board of Directors approved an 11% increase to its quarterly cash dividend to stockholders to USD 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.

Check wood business-related companies 4Q2016 schedules for financial and operating results.

Earlier Kadant appointed Bulk Handling Systems (BHS) as the exclusive distributor of its high-performance balers to material recycling facilities in the US and Canada.

Source: Woodbizforum