Kaiser Aluminum (KALU) Declares $0.50 Quarterly Dividend; 2.6% Yield

Go back to Kaiser Aluminum (KALU) Declares $0.50 Quarterly Dividend; 2.6% Yield

Kaiser Aluminum Announces Quarterly Dividend Payment and $100 Million Increase in Share Repurchase Authorization

April 17, 2017 5:00 PM EDT

FOOTHILL RANCH, Calif., April 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 on the Companys outstanding common stock. The dividend will be payable on May 15, 2017 to shareholders of record as of the close of business on April 27, 2017.

In addition, the Board of Directors authorized an additional $100 million for share repurchases. Including the amount available under the previous authorization, as of April 17, 2017 the total available for future share repurchases under the program was $149... More