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NEW YORK ( TheStreet) -- The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq: KALU) is tomorrow, January 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $49.74 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for Kaiser Aluminum has been 127,500 shares per day over the past 30 days. Kaiser Aluminum has a market cap of $945.9 million and is part of the basic materials sector and metals & mining industry. Shares are up 7.9% 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 47.1, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.