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Alumina is Among the Companies in the Aluminum Industry With the Highest Dividend Yield

Edited by : AL CIRCLE
1 min read
Below are the three companies in the Aluminum industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.

Alumina (NYSE:AWC) is highest with a dividend yield of 4.5%. Alumina Limited is an Australian resource company that produces alumina. The Company owns about forty percent of Alcoa World Alumina and Chemicals through a joint venture with Alcoa.

Alumina share prices have moved between a 52-week high of $11.46 and a 52-week low of $4.47 and are now trading 22% above that low price at $5.44 per share. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 0.9%.

Following is Kaiser Aluminum (NASDAQ:KALU) with a dividend yield of 2.2%.

Finishing up the top three is Noranda Aluminum (NYSE:NOR), with a dividend yield of 1.5%.

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