Kennametal Inc.
KMTIndustrials · Stock · quarterly payer
Forward Yield
2.41%
Annual Dividend
$0.80
Payout Ratio
18%
5-Yr Growth
0.0%
Ex-Date
Aug 11, 2026
Frequency
Quarterly
Summary
As of August 2026, Kennametal Inc. (KMT) yields 2.41% ($0.80 per share annually), with a blended fair-value estimate of $34.02 — +3% upside, so it screens as fairly valued. Dividend safety grade: A (98/100).
Is KMT a good dividend stock?
YesKennametal Inc. (KMT) pays a quarterly dividend yielding 2.41% ($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
- 2.41%
- 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
- 1.36
- Market Cap
- $2.5B
- P/E Ratio
- 7.5
- 5-Yr Total Return
- -11%
- 52-Week Range
- $20.08 – $43.81
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
KMT Price — Last 12 Months
Daily close
Price Return
1 Year
+55%
3 Years
+25%
5 Years
-11%
52-Week Range
$20.08 – $43.81
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KMT worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Kennametal Inc. is $34.02 per share, versus a market price of $33.13. That implies the stock is roughly fairly priced.
Fair Value
$34.02
Current Price
$33.13
Gap
+3%
Margin of Safety
3%
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.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 16.4% annual free-cash-flow growth. We model 6.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.1% discount rate (CAPM), 6.5% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 12, 2026 | — | $0.2000 | regular |
| Feb 10, 2026 | — | $0.2000 | regular |
| Nov 10, 2025 | — | $0.2000 | regular |
| Aug 12, 2025 | — | $0.2000 | regular |
| May 13, 2025 | — | $0.2000 | regular |
| Feb 11, 2025 | — | $0.2000 | regular |
| Nov 12, 2024 | — | $0.2000 | regular |
| Aug 13, 2024 | — | $0.2000 | regular |
| May 13, 2024 | — | $0.2000 | regular |
| Feb 12, 2024 | — | $0.2000 | regular |
| Nov 6, 2023 | — | $0.2000 | regular |
| Aug 7, 2023 | — | $0.2000 | regular |
| May 8, 2023 | — | $0.2000 | regular |
| Feb 13, 2023 | — | $0.2000 | regular |
Income Calculator
At $0.80 / yr per share
