Kaiser Aluminum Corporation (KALU) To Go Ex-Dividend on January 23rd

Kaiser Aluminum Corporation (NASDAQ:KALU) declared a quarterly dividend on Thursday, January 8th. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.77 per share by the industrial products company on Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, January 23rd.

Kaiser Aluminum has increased its dividend by an average of 0.1%annually over the last three years. Kaiser Aluminum has a dividend 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 Performance

KALU opened at $127.59 on Wednesday. The company has a current ratio of 2.48, a quick ratio of 1.08 and a debt-to-equity ratio of 1.29. The firm’s 50-day moving average price is $109.73 and its 200 day moving average price is $91.26. The firm has a market capitalization of $2.07 billion, a PE ratio of 23.07 and a beta of 1.44. Kaiser Aluminum has a twelve month low of $46.81 and a twelve month high of $132.54.

Kaiser Aluminum (NASDAQ:KALU) last posted its earnings results on Wednesday, October 22nd. The industrial products company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $1.06. Kaiser Aluminum had a net margin of 2.85% and a return on equity of 10.67%. The company had revenue of $843.50 million for the quarter, compared to analyst estimates of $908.00 million. During the same period in the previous year, the business posted $0.51 EPS. Kaiser Aluminum’s revenue was up 12.8% on a year-over-year basis. As a group, sell-side analysts expect that Kaiser Aluminum will post 5.14 EPS for the current fiscal year.

Kaiser Aluminum Company Profile

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.