Kaiser Aluminum (KALU) Declares $0.40 Quarterly Dividend; 2.1% Yield
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Kaiser Aluminum Announces Quarterly Dividend Payment and $100 Million Increase in Share Repurchase Authorization
April 16, 2015 4:30 PM EDTFOOTHILL RANCH, Calif., April 16, 2015 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (Nasdaq: KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding common stock. The dividend will be payable on May 15, 2015 to shareholders of record as of the close of business on April 27, 2015.
In addition, the Board of Directors has also authorized an additional $100 million for share repurchases. Including the amount available under the previous authorization, as of April 15, 2015 the total available for future share repurchases under the program was $137 million.
"The 14%... More
