KALU Ex-Dividend Reminder - 1/24/24

Looking at the universe of stocks we cover at Dividend Channel, on 1/24/24, Kaiser Aluminum Corp. (Symbol: KALU) will trade ex-dividend, for its quarterly dividend of $0.77, payable on 2/15/24. As a percentage of KALU's recent stock price of $62.61, this dividend works out to approximately 1.23%, so look for shares of Kaiser Aluminum Corp. to trade 1.23% lower — all else being equal — when KALU shares open for trading on 1/24/24.

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In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KALU is likely to continue, and whether the current estimated yield of 4.92% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KALU shares, versus its 200 day moving average:

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Looking at the chart above, KALU's low point in its 52 week range is $53.665 per share, with $94.55 as the 52 week high point — that compares with a last trade of $63.30.

In Monday trading, Kaiser Aluminum Corp. shares are currently up about 3.5% on the day.

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