Kaiser Aluminum (KALU) Raises Quarterly Dividend 11.7% to $0.67; 2.5% Yield

Kaiser Aluminum (NASDAQ: KALU) declared a quarterly dividend of $0.67 per share, or $2.68 annualized. This is an 11.7% increase from the prior dividend of $0.60.

The dividend will be payable on February 14, 2020, to stockholders of record on January 24, 2020, with an ex-dividend date of January 23, 2020.

The annual yield on the dividend is 2.5 percent.

“The increase in the quarterly dividend reflects our continued confidence in the long-term outlook for our business, the end markets we serve and opportunities to create further value for our shareholders,” said Jack A. Hockema, Chairman and CEO. “We remained focused on managing our capital structure and liquidity for the financial strength and flexibility to support our strategic growth initiatives, and our ongoing commitment to return cash to shareholders throughout the business and economic cycles,” stated Mr. Hockema.

For a dividend history and other dividend-related data on Kaiser Aluminum (KALU) click here.

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