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Kaiser Aluminum Announces 12 Percent Increase in Quarterly Dividend Payment

Metal News - Published on Mon, 20 Jan 2020

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Kaiser Aluminum Corporation (announced that its Board of Directors has declared a quarterly cash dividend of $0.67 per share representing a 12% increase over the prior quarter's dividend. The dividend will be payable on February 14, 2020 to shareholders of record as of the close of business on January 24, 2020.

Chairman and CEO Mr Jack A Hockema said “The increase in the quarterly dividend reflects our continued confidence in the long-term outlook for our business, the end markets we serve and opportunities to create further value for our shareholders. We remained focused on managing our capital structure and liquidity for the financial strength and flexibility to support our strategic growth initiatives, and our ongoing commitment to return cash to shareholders throughout the business and economic cycles,;

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Posted By : Rabi Wangkhem on Mon, 20 Jan 2020
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