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

Kaiser Aluminum Corporation (NASDAQ:KALU) declared a quarterly dividend on Monday, July 13th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.77 per share by the industrial products company on Friday, August 14th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, July 24th.

Kaiser Aluminum has raised its dividend payment by an average of 0.0%per year over the last three years. Kaiser Aluminum has a payout ratio of 47.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Kaiser Aluminum to earn $9.41 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 32.7%.

Kaiser Aluminum Stock Performance

Shares of Kaiser Aluminum stock opened at $158.28 on Tuesday. The firm has a market cap of $2.59 billion, a PE ratio of 17.24 and a beta of 1.59. The firm’s 50-day simple moving average is $178.55 and its 200-day simple moving average is $148.12. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.14 and a current ratio of 2.47. Kaiser Aluminum has a 1 year low of $71.44 and a 1 year high of $195.96.

Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $1.78. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $948.50 million. During the same period last year, the firm earned $1.44 earnings per share. The company’s revenue for the quarter was up 42.4% compared to the same quarter last year. Equities analysts forecast that Kaiser Aluminum will post 8.69 earnings per share for the current fiscal 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.