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Kennametal ( (KMT) ) has provided an announcement.
On January 28, 2025, Kennametal Inc. announced the appointment of Doug Dietrich to its Board of Directors, effective February 1, 2025. Dietrich, who is currently the CEO and Chairman of Minerals Technologies Inc., brings over 30 years of industry experience. His strategic, operational, and financial expertise is expected to contribute significantly to Kennametal’s growth and transformation efforts. Additionally, the company declared a quarterly cash dividend of $0.20 per share, payable on February 25, 2025, to shareholders of record as of February 11, 2025.
More about Kennametal
Kennametal Inc. is an industrial technology leader with over 85 years of experience, specializing in materials science, tooling, and wear-resistant solutions. The company serves various sectors, including aerospace and defense, earthworks, energy, general engineering, and transportation. Kennametal operates in nearly 100 countries with approximately 8,400 employees and generated $2 billion in revenues in fiscal 2024.
YTD Price Performance: 0.93%
Average Trading Volume: 938,428
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.85B
Find detailed analytics on KMT stock on TipRanks’ Stock Analysis page.
