Kaiser Aluminum Stock To Go Ex-dividend Tomorrow (KALU)

NEW YORK ( TheStreet) -- The ex-dividend date for Kaiser Aluminum Corporation (Nasdaq: KALU) is tomorrow, April 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $47.26 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Kaiser Aluminum has been 124,200 shares per day over the past 30 days. Kaiser Aluminum has a market cap of $919.1 million and is part of the basic materials sector and metals & mining industry. Shares are up 5.1% year to date as of the close of trading on Friday.

Kaiser Aluminum Corporation, together with its subsidiaries, engages in the production and sale of semi-fabricated specialty aluminum products. The company has a P/E ratio of 36.5, above the average metals & mining industry P/E ratio of 36.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kaiser Aluminum as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Kaiser Aluminum Ratings Report.

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