Kaiser Aluminum Stock To Go Ex-dividend Tomorrow (KALU)
The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq:KALU) is tomorrow, April 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $47 as of 9:30 a.m., the dividend yield is 2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq: KALU) is tomorrow, April 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $47 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for Kaiser Aluminum has been 136,400 shares per day over the past 30 days. Kaiser Aluminum has a market cap of $910.6 million and is part of the basic materials sector and metals & mining industry. Shares are down 6.4% year to date as of the close of trading on Monday. Kaiser Aluminum Corporation manufactures semi-fabricated aluminum products primarily in the United States, Canada, and the United Kingdom. The company has a P/E ratio of 65.8, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.5.
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TheStreet Ratings rates Kaiser Aluminum as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Kaiser Aluminum Ratings Report. See our dividend calendar or top-yielding stocks list.