Kaiser Aluminum (KALU) Raises Quarterly Dividend 10% to $0.55; 2% Yield

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Kaiser Aluminum Corporation Announces a 10 Percent Increase in Quarterly Dividend Payment

January 16, 2018 4:30 PM EST

FOOTHILL RANCH, Calif., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.55 per share representing a 10% increase over the prior quarter's dividend. The dividend will be payable on February 15, 2018 to shareholders of record as of the close of business on January 26, 2018.

The Boards decision to authorize an increase in the quarterly dividend reflects confidence in the long-term outlook for our business and opportunities to continue to create value for our shareholders, said Jack A. Hockema, Chairman and CEO.... More