Kaiser Aluminum (KALU) Raises Quarterly Dividend 12.5% to $0.45; 2.3% Yield
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Kaiser Aluminum Corporation Announces a 12.5 Percent Increase in Quarterly Dividend Payment
January 15, 2016 9:00 AM ESTFOOTHILL RANCH, Calif., Jan. 15, 2016 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.45 per share representing a 12.5% increase over the prior quarter's dividend. The dividend will be payable on February 12, 2016 to shareholders of record as of the close of business on January 25, 2016.
The increase in our quarterly dividend reflects our continued confidence in the outlook for our business, said Jack A. Hockema, CEO and Chairman. We are very well-positioned for further long-term growth and shareholder value creation facilitated by strong secular demand for... More
