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Alumina Ranks the Highest in Terms of Dividend Yield in the Aluminum Industry
Edited by : AL CIRCLE
1 min read
The three companies in the Aluminum industry with the highest dividend yields are Alumina, Noranda and Kaiser Aluminium. Dividends can enhance returns for investors seeking income in addition to capital gains.Alumina Limited from Australia
Alumina (NYSE:AWC) is highest with a dividend yield of 6.8%. 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 has traded 113,000 shares thus far today, vs. average volume of 418,000 shares per day. The stock has underperformed the Dow (-6.1% to the Dow's -1.3%) and underperformed the S&P 500 (-6.1% to the S&P's -1.3%) during today's trading.
Noranda Aluminum (NYSE:NOR) is next with a dividend yield of 2.1%.
Finishing up the top three is Kaiser Aluminum (NASDAQ:KALU), with a dividend yield of 2.0%.
Alumina (NYSE:AWC) is highest with a dividend yield of 6.8%. 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 has traded 113,000 shares thus far today, vs. average volume of 418,000 shares per day. The stock has underperformed the Dow (-6.1% to the Dow's -1.3%) and underperformed the S&P 500 (-6.1% to the S&P's -1.3%) during today's trading.
Noranda Aluminum (NYSE:NOR) is next with a dividend yield of 2.1%.
Finishing up the top three is Kaiser Aluminum (NASDAQ:KALU), with a dividend yield of 2.0%.
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