Kaiser Aluminum Corporation (KALU) To Go Ex-Dividend on July 24th

Kaiser Aluminum Corporation (NASDAQ:KALU) declared a quarterly dividend on Monday, July 13th. Shareholders 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 yield of 1.9%. The ex-dividend date of this dividend is Friday, July 24th.

Kaiser Aluminum has increased its dividend payment by an average of 0.0%annually over the last three years. Kaiser Aluminum has a payout ratio of 47.0% meaning 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 Price Performance

Shares of KALU stock opened at $161.16 on Wednesday. The stock has a 50 day moving average of $178.25 and a two-hundred day moving average of $148.43. The company has a current ratio of 2.47, a quick ratio of 1.14 and a debt-to-equity ratio of 1.28. Kaiser Aluminum has a 12 month low of $71.44 and a 12 month high of $195.96. The company has a market capitalization of $2.63 billion, a P/E ratio of 17.56 and a beta of 1.59.

Kaiser Aluminum (NASDAQ:KALU) last released its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $1.78. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $948.50 million. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.Kaiser Aluminum’s quarterly revenue was up 42.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.44 earnings per share. As a group, equities analysts expect that Kaiser Aluminum will post 8.69 EPS for the current 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.