Kaiser Aluminum Corporation (NASDAQ:KALU) Announces Quarterly Dividend of $0.77

Kaiser Aluminum Corporation (NASDAQ:KALU) announced a quarterly dividend on Monday, April 13th. Investors of record on Friday, April 24th will be given a dividend of 0.77 per share by the industrial products company on Friday, May 15th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, April 24th.

Kaiser Aluminum has raised its dividend payment by an average of 0.0%annually over the last three years. Kaiser Aluminum has a payout ratio of 47.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kaiser Aluminum to earn $6.90 per share next year, which means the company should continue to be able to cover its $3.08 annual dividend with an expected future payout ratio of 44.6%.

Kaiser Aluminum Stock Up 0.5%

KALU stock opened at $143.42 on Tuesday. The firm has a market cap of $2.32 billion, a PE ratio of 21.15 and a beta of 1.39. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.26 and a current ratio of 2.95. The firm’s fifty day moving average is $128.86 and its 200 day moving average is $111.72. Kaiser Aluminum has a one year low of $52.53 and a one year high of $150.00.

Kaiser Aluminum (NASDAQ:KALU) last released its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.53 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.03). The firm had revenue of $929.00 million for the quarter, compared to analyst estimates of $902.00 million. Kaiser Aluminum had a net margin of 3.34% and a return on equity of 12.69%. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 EPS. On average, research analysts forecast that Kaiser Aluminum will post 5.14 EPS for the current year.

About Kaiser Aluminum

Kaiser Aluminum Corporation is a U.S.-based producer of semi‐fabricated aluminum products, serving a diverse range of industrial and specialty markets. The company’s offerings include extruded, rolled, and forged aluminum products designed to meet stringent performance requirements in sectors such as aerospace, automotive, defense, electronics, and general engineering. By focusing on high‐value applications, Kaiser Aluminum aims to deliver lightweight, durable solutions that contribute to efficiency and innovation across its customer base.

Operationally, Kaiser Aluminum maintains a network of smelters, extrusion plants, and rolling mills located primarily in North America.