Key Developments For Kaiser Aluminum Corporation
Kaiser Aluminum Corporation (KALU.O) (Nasdaq)
Kaiser Aluminum Corporation Announces Quarterly Dividend Payment
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Company's outstanding common stock. The dividend will be payable on November 13, 2009 to shareholders of record at the close of business on October 23, 2009.
Kaiser Aluminum Corporation Announces Quarterly Dividend Payment
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Company's outstanding common stock. The dividend will be payable on August 17, 2009 to shareholders of record at the close of business on July 27, 2009.
Kaiser Aluminum Corporation Announces Further Reductions and Temporary Shutdown At Bellwood, Va. Facility
Kaiser Aluminum Corporation announced plans to further curtail operations at its Bellwood, Va. facility to focus solely on drive shaft and seamless tube products. Approximately 56 employees at the Bellwood, Va. facility will be affected. In addition, the facility will take a temporary shutdown during the month of July in response to planned shutdowns in the automotive industry and continued weak economic and market conditions. The Company maintains sufficient capacity throughout its operations capable of meeting customer needs and market demand. As production resumes, the Bellwood, Va. facility is expected to continue to produce drive shaft tube for automotive applications and seamless tube for service centers. These actions are expected to be completed by early third quarter 2009. The Company anticipates it will incur a restructuring charge and other related costs of approximately $5.0 million in the second quarter, related primarily to employee benefits and asset impairment charges.
Kaiser Aluminum Corporation Announces Quarterly Dividend Payment
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Company's outstanding common stock. The dividend will be payable on May 15, 2009 to shareholders of record at the close of business on April 27, 2009.
Kaiser Aluminum Corporation Announces Quarterly Dividend
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Company's outstanding common stock. This dividend will be payable on February 13, 2009 to shareholders of record at the close of business on January 26, 2009.
