Kaiser Aluminum Corp. Prepares for Upcoming Ex-Dividend Date
What Investors Should Know About the $0.77 Dividend
On October 25, 2024, Kaiser Aluminum Corp. (Symbol: KALU) will begin trading ex-dividend, meaning shareholders must own shares before this date to receive the quarterly dividend of $0.77, which is payable on November 15, 2024. With KALU’s current stock price at $71.53, this dividend yields approximately 1.08%. Consequently, analysts expect KALU shares to open 1.08% lower on October 25, assuming no other market changes occur.
Dividends may fluctuate, but past performance can provide insight into whether Kaiser Aluminum is likely to continue this trend. Currently, KALU’s annualized yield is estimated to be around 4.31%, offering investors a reasonable expectation for returns in the upcoming year.
The following chart illustrates KALU’s one-year stock performance compared to its 200-day moving average:
In examining the price range over the past 52 weeks, KALU shares hit a low of $53.665 and a high of $102.42, while their last trading value was $69.70.
Free Report: Top 8%+ Dividends (paid monthly)
On Wednesday, Kaiser Aluminum Corp. shares rose approximately 1.2% in trading.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
