Kaiser Aluminum Upgraded to “Outperform”

Shares of Kaiser Aluminum traded up 0.81% during mid-day trading on Tuesday, hitting $62.13. Kaiser Aluminum has a 52 week low of $45.65 and a 52 week high of $65.17. The stock’s 50-day moving average is currently $62.17. The company has a market cap of $1.190 billion and a P/E ratio of 14.23.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 15th. Shareholders of record on Friday, January 25th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Wednesday, January 23rd. This is a positive change from Kaiser Aluminum’s previous quarterly dividend of $0.25.
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