Kaiser Aluminum Corporation Announces a 12 Percent Increase in Quarterly Dividend Payment

World News: . []

FOOTHILL RANCH, Calif., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) today 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.

“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,” said Jack A. Hockema, Chairman and CEO. “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,” stated Mr. Hockema.

More news and information about Kaiser Aluminum Corporation

Published By:

Globe Newswire: 21:30 GMT Tuesday 14th January 2020

Published: .

Search for other references to "kaiser" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2020. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us