
Kennametal Inc.
KMTIndustrials · Tools & Accessories · Stock · quarterly payer
Forward Yield
2.60%
Annual Dividend
$0.80
Payout Ratio
18%
5-Yr Growth
0.0%
Ex-Date
Aug 11, 2026
Frequency
Quarterly
Key facts about KMT's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Kennametal Inc. (KMT) has a forward dividend yield of 2.60%, based on an annual dividend of $0.80 per share and a share price of $30.79.
- As of Oct 18, 2026, KMT's dividend safety grade from SmarterDividends is A (98 out of 100), which rates the dividend as very safe.
- KMT has never cut its regular dividend in the payment history SmarterDividends has on record.
- KMT's most recent ex-dividend date was Aug 11, 2026, for a dividend of $0.20 per share.
- As of Oct 18, 2026, KMT pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
- KMT's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, KMT's 2.60% yield is 12% below its five-year average yield of 2.96%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for KMT is $24.60 per share, 20% below the $30.79 share price, so KMT screens as overvalued.
- Kennametal Inc. (KMT) pays its dividend quarterly, 4 times a year.
- Kennametal Inc. (KMT) has raised its regular dividend 11 times and cut it 0 times across the 158 payments on record since 1987. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Aug 7, 2015.
Cite this page
SmarterDividends, "KMT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/KMT
Summary
As of Oct 18, 2026, Kennametal Inc. (KMT) yields 2.60% ($0.80 a year per share) and has a dividend safety grade of A (98/100).
Is KMT a good dividend stock?
YesKennametal Inc. (KMT) pays a quarterly dividend yielding 2.60% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.60%
- Payout Ratio
- 18%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Aug 11, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.32
- Market Cap
- $2.4B
- P/E Ratio
- 7.0
- 5-Yr Total Return
- -13%
- 52-Week Range
- $21.70 – $43.81
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
KMT dividend raises and cuts
Kennametal Inc. (KMT) has raised its regular dividend 11 times and cut it 0 times across the 158 payments on record since 1987. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Aug 7, 2015.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 7, 2015 | Raise | $0.180 → $0.200 | +11.1% |
| Aug 2, 2013 | Raise | $0.160 → $0.180 | +12.5% |
| Aug 3, 2012 | Raise | $0.140 → $0.160 | +14.3% |
| Nov 4, 2011 | Raise | $0.120 → $0.140 | +16.7% |
| Nov 5, 2007 | Raise | $0.105 → $0.120 | +14.3% |
| Nov 6, 2006 | Raise | $0.0950 → $0.105 | +10.5% |
| Aug 5, 2005 | Raise | $0.0850 → $0.0950 | +11.8% |
| Nov 6, 1996 | Raise | $0.0750 → $0.0850 | +13.3% |
| Aug 4, 1994 | Raise | $0.0725 → $0.0750 | +3.4% |
| Feb 6, 1989 | Raise | $0.0675 → $0.0725 | +7.4% |
| Feb 4, 1988 | Raise | $0.0625 → $0.0675 | +8.0% |
Frequently Asked Questions
Is KMT a good dividend stock?
Yes. Kennametal Inc. (KMT) pays a quarterly dividend yielding 2.60% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is KMT undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KMT's fair value is about $24.60 versus a $30.79 share price — so it looks overvalued (-20% vs. fair value).
Is KMT's dividend safe?
KMT has a dividend-safety grade of A (98/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is KMT's fair value?
Our blended fair-value estimate for KMT is about $24.60 per share, about 20% below the current $30.79 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is KMT a buy, hold, or sell?
We don't issue formal ratings, but on the data KMT screens as "yes" and overvalued. Kennametal Inc. (KMT) pays a quarterly dividend yielding 2.60% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will KMT cut its dividend?
KMT earns a dividend-safety grade of A (98/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does KMT pay a dividend?
Yes. Kennametal Inc. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 2.60%.
What is KMT's dividend yield?
As of Oct 18, 2026, KMT's forward dividend yield is 2.60%, based on a $0.80 annual dividend and a $30.79 share price.
What is KMT's dividend per share?
As of Oct 18, 2026, KMT pays $0.80 per share per year, distributed on a quarterly basis.
What is KMT's dividend payout ratio?
As of Oct 18, 2026, KMT's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has KMT grown its dividend?
KMT does not currently have a long dividend-growth streak on record.
When is the next KMT ex-dividend date?
As of Oct 18, 2026, KMT's next ex-dividend date hasn't been announced. The most recent was Aug 11, 2026, for $0.20 per share.
KMT Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+32%
5 Years
-13%
52-Week Range
$21.70 – $43.81
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KMT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Kennametal Inc. is $24.60 per share, versus a market price of $30.79. That implies 20% of downside.
Fair Value
$24.60
Current Price
$30.79
Downside
-20%
Margin of Safety
-25%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 11.8% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.9% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $4.42 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KMT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full KMT dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 11, 2026 | Aug 25, 2026 | $0.2000 | regular |
| May 12, 2026 | May 26, 2026 | $0.2000 | regular |
| Feb 10, 2026 | Feb 24, 2026 | $0.2000 | regular |
| Nov 10, 2025 | Nov 24, 2025 | $0.2000 | regular |
| Aug 12, 2025 | Aug 26, 2025 | $0.2000 | regular |
| May 13, 2025 | May 27, 2025 | $0.2000 | regular |
| Feb 11, 2025 | Feb 25, 2025 | $0.2000 | regular |
| Nov 12, 2024 | Nov 26, 2024 | $0.2000 | regular |
| Aug 13, 2024 | Aug 27, 2024 | $0.2000 | regular |
| May 13, 2024 | May 28, 2024 | $0.2000 | regular |
| Feb 12, 2024 | Feb 27, 2024 | $0.2000 | regular |
| Nov 6, 2023 | Nov 21, 2023 | $0.2000 | regular |
| Aug 7, 2023 | Aug 22, 2023 | $0.2000 | regular |
| May 8, 2023 | May 23, 2023 | $0.2000 | regular |
Income Calculator
At $0.80 / yr per share
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