Kaiser Aluminum Corporation (KALU) to Distribute Quarterly Dividend of $0.77 on August 14th

Kaiser Aluminum Corporation (NASDAQ:KALU) announced a quarterly dividend on Wednesday, July 8th. Investors of record on Friday, July 24th will be given a dividend of 0.77 per share by the industrial products company on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, July 24th.

Kaiser Aluminum has increased its dividend by an average of 0.0%per year over the last three years. Kaiser Aluminum has a dividend payout ratio of 47.0% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

Kaiser Aluminum stock opened at $164.37 on Wednesday. Kaiser Aluminum has a 1 year low of $71.44 and a 1 year high of $195.96. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.14 and a current ratio of 2.47. The firm has a 50 day moving average price of $176.42 and a 200 day moving average price of $149.96. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 17.91 and a beta of 1.59.

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