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Kaiser Aluminum (Kaiser Aluminum) 3-Year Dividend Growth Rate : 4.70% (As of Dec. 2023)


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What is Kaiser Aluminum 3-Year Dividend Growth Rate?

Kaiser Aluminum's Dividends per Share for the three months ended in Dec. 2023 was $0.77.

The historical rank and industry rank for Kaiser Aluminum's 3-Year Dividend Growth Rate or its related term are showing as below:

KALU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.4   Med: 10.15   Max: 38.7
Current: 4.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kaiser Aluminum was 38.70% per year. The lowest was 1.40% per year. And the median was 10.15% per year.

KALU's 3-Year Dividend Growth Rate is ranked worse than
75.56% of 180 companies
in the Metals & Mining industry
Industry Median: 23.1 vs KALU: 4.70

During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kaiser Aluminum's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.57. As of today, Kaiser Aluminum's Dividend Yield % is 3.52%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kaiser Aluminum Corp is 1.21, which seems too high.

Warning Sign:

Kaiser Aluminum Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Kaiser Aluminum's 3-Year Dividend Growth Rate

For the Aluminum subindustry, Kaiser Aluminum's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kaiser Aluminum's 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kaiser Aluminum's 3-Year Dividend Growth Rate falls into.



Kaiser Aluminum 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kaiser Aluminum  (NAS:KALU) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kaiser Aluminum's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.77/ 0.492
=1.57

During the past 13 years, the highest Dividend Payout Ratio of Kaiser Aluminum was 5.50. The lowest was 0.33. And the median was 0.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kaiser Aluminum Corp is 1.21, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Kaiser Aluminum Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7702024-04-242024-04-252024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702024-01-242024-01-252024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702023-10-242023-10-252023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702023-07-242023-07-252023-08-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Kaiser Aluminum's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.08/87.815
=3.51 %

Current Share Price is $87.815.
Kaiser Aluminum's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.08.

During the past 13 years, the highest Dividend Yield of Kaiser Aluminum was 5.67%. The lowest was 1.54%. And the median was 2.18%.

Warning Sign:

Kaiser Aluminum Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kaiser Aluminum 3-Year Dividend Growth Rate Related Terms>


Kaiser Aluminum (Kaiser Aluminum) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831