This week I’m seeking a high-yield and growing stock from the industrials sector. 

That sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

Today I’m reviewing a mid-cap tools and accessories firm named Kennametal Inc. Its trading ticker symbol is KMT.

Kennametal Inc is engaged in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings. The company’s operating segments include Industrial, Widia and Infrastructure.

Its product offering includes a selection of standard and customized technologies for metalworking applications, such as turning, milling, hole making, tooling systems, and services for manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation.

The company provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value-added resellers, as well as through the Internet.

Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.

I use three key data points to gauge the value of any dividend equity or fund likeKennametal Inc. (KMT): 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

KMT Price

Kennametal’s price per share was $40.83 at yesterday’s market close. A year ago its price was $33.40 for a gain of $7.43 per share.