Kaiser Aluminum (KALU) Raises Quarterly Dividend 11.1% to $0.50; 2.5% Yield
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Kaiser Aluminum Corporation Announces an 11 Percent Increase in Quarterly Dividend Payment
January 17, 2017 4:30 PM ESTFOOTHILL RANCH, Calif., Jan. 17, 2017 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share representing an 11% increase over the prior quarter's dividend. The dividend will be payable on February 15, 2017 to shareholders of record as of the close of business on January 27, 2017.
The increase in the quarterly dividend reflects our continued confidence in the long-term outlook for our business and the end markets we serve, said Jack A. Hockema, CEO and Chairman. We have a built a solid platform from which to... More
