Kaiser Aluminum Stock To Go Ex-dividend Tomorrow (KALU)
The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq:KALU) is tomorrow, October 21, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $44.26 as of 9:30 a.m., the dividend yield is 2.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq: KALU) is tomorrow, October 21, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $44.26 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for Kaiser Aluminum has been 173,000 shares per day over the past 30 days. Kaiser Aluminum has a market cap of $902.6 million and is part of the basic materials sector and metals & mining industry. Shares are down 10.9% year to date as of the close of trading on Wednesday. Kaiser Aluminum Corporation produces and sells semi-fabricated specialty aluminum products primarily in the United States and Canada. The company has a P/E ratio of 42.5, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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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 increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Kaiser Aluminum Ratings Report. See our dividend calendar or top-yielding stocks list.