As per Kennametal Inc. (NYSE:KMT) statement on 2016-08-02, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.2 per share as dividend to stakeholders. The record date is set as 2016-08-12, the payout date as 2016-08-26 and the ex-dividend date is 2016-08-10.
Last fiscal Kennametal Inc. (NYSE:KMT) disbursed cash dividend of $0.2. A year ago, the payout was $0.2, which indicates a difference of 11.1111%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.2, implying 10.7566% growth.
For the period ended on 2016-06-30, Kennametal Inc. (NYSE:KMT)’s earnings came at $0.44 per share compared to EPS of $0.14 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.15 per share.
The interim price target for Kennametal Inc. (NYSE:KMT) is set at $25.2. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Kennametal Inc. (NYSE:KMT) is seen at $31 and the lowest level is established at $16. This broad range highlights a standard deviation of $6.457 in reported estimates.
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