Kaiser Aluminum Declares $0.77 Quarterly Dividend

In its recent announcement, Kaiser Aluminum Corporation (NASDAQ: KALU) declared a quarterly cash dividend of $0.77 per share. The dividend is set to be paid on November 15, 2024, to stockholders of record as of the close of business on October 25, 2024.

Kaiser Aluminum Corporation, headquartered in Franklin, Tenn., is a prominent producer of semi-fabricated specialty aluminum products. The company serves a global customer base with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications.

The company's North American facilities are responsible for producing value-added plate, sheet, coil, extrusions, rod, bar, tube, and wire products, maintaining a commitment to quality, innovation, and service that have been integral to the company's culture since its founding in 1946.

As of the announcement date, Kaiser Aluminum Corporation's stock is included in the Russell 2000® Index and the S&P Small Cap 600® Index. As a result of these announcements, the company's shares have moved 0.4% on the market, and are now trading at a price of $71.83. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS