Kaiser Aluminum stock dividend – KAISER ALUMINUM Announces 0.77 Cash Dividend

Dividends Yield

On April 14 2023, KAISER ALUMINUM ($NASDAQ:KALU) announced a 0.77 cash dividend per share. This dividend is in addition to the annual dividend of 3.08 USD that has been issued for the past three years. As a result, investors are now looking at a dividend yield of 3.59% from 2022 to 2023, which is an attractive option for those seeking dividend-based investments. The ex-dividend date for this dividend is on April 24, 2023. KAISER ALUMINUM has one of the highest average dividend yields in the industry at 3.59%, making it a prime option for dividend-seekers. In addition to its attractive dividend yield, KAISER ALUMINUM is also known for its reliable and consistent dividend payments. The company has been consistently paying dividends since its earliest days, forming an admirable track record for shareholders.

With this latest dividend announcement, KAISER ALUMINUM is showing its commitment to providing investors with reliable dividend payments in the future. This is great news for all KAISER ALUMINUM shareholders who are looking for a reliable source of income. The 0.77 cash dividend per share will provide investors with an additional source of income, while also helping to increase the overall value of their investment portfolio. As more people look for ways to diversify their income sources and generate passive cash flow, this dividend could become a go-to source of income for many investors. With its attractive dividend yield and reliable track record of dividend payments, KAISER ALUMINUM is becoming an increasingly attractive investment option for dividend-seekers everywhere. Investors should keep an eye on this stock and consider adding it to their portfolio if it meets their investment goals and risk tolerance.

Price History

Upon announcement, the stock opened at $67.4 and closed at $65.9, down by 2.0% from the previous closing price of 67.2. This announcement of the dividend has been welcomed by long-term investors, who tend to be attracted to companies that have a consistent dividend payment program. Furthermore, this dividend is an indication of KAISER ALUMINUM‘s financial strength and strong cash flows. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kaiser Aluminum. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kaiser Aluminum. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kaiser Aluminum. More…

Key Ratios Snapshot

Some of the financial key ratios for Kaiser Aluminum are shown below. More…

Analysis

At GoodWhale, we have conducted an in-depth analysis of KAISER ALUMINUM‘s fundamentals to determine the risk associated with investing in the company. Our Risk Rating program has determined that KAISER ALUMINUM is a medium risk investment in terms of financial and business aspects. We have identified two risk warnings in the income sheet and balance sheet of KAISER ALUMINUM which could impact the company performance, and these are visible to our registered users. As an investor, it is important to know what these potential risks are before making any decisions about investing in the company. We invite you to become a registered user of GoodWhale to check out this information for yourself and determine whether KAISER ALUMINUM is a suitable investment for you. More…

Peers

In the aluminum industry, Kaiser Aluminum Corp competes against Nippon Light Metal Holdings Co Ltd, Alumetal SA, and AMAG Austria Metall AG. Each company produces a variety of aluminum products that are used in a number of industries. While Kaiser Aluminum Corp is the largest aluminum producer in the United States, its competitors are also large producers with a global presence.

– Nippon Light Metal Holdings Co Ltd ($TSE:5703)

Nippon Light Metal Holdings Co. is a holding company that operates through its subsidiaries. The company is engaged in the smelting and refinement of metals, as well as the production and sale of metals and chemical products. Nippon Light Metal also manufactures and sells aluminum products, such as aluminum cans, aluminum foil, and aluminum sheets. The company was founded in 1950 and is headquartered in Tokyo, Japan.

– Alumetal SA ($LTS:0QWL)

Alumetal SA is a publicly traded company with a market capitalization of 1.04 billion as of 2022. The company’s primary business is the production and distribution of aluminum products. Alumetal SA has a return on equity of 18.83%.

– AMAG Austria Metall AG ($LTS:0Q7L)

AMAG Austria Metall AG is a leading metals and mining company with operations in Europe, North America, and Australia. The company has a market capitalization of 1.09 billion as of 2022 and a return on equity of 15.65%. AMAG produces a range of metals and minerals, including aluminum, copper, iron ore, and uranium. The company has a long history of operations and is a well-established player in the global metals and mining industry.

Summary

KAISER ALUMINUM is a potential investment option for those looking for dividend yields. The company has issued an average annual dividend per share of 3.08 USD in the past three years, with a yield of 3.59%. This makes it a promising pick for income-seeking investors, as the dividends provide a regular return on the investment. Further analysis should be done on the company’s business fundamentals and financials to determine if the stock is worth buying.