
Kaiser Aluminum Corporation
KALUBasic Materials · Aluminum · Stock · quarterly payer
Forward Yield
2.08%
Annual Dividend
$3.08
Payout Ratio
23%
5-Yr Growth
2.8%
Ex-Date
Oct 23, 2026
Frequency
Quarterly
Key facts about KALU's dividend
Data as of · Source: SmarterDividends data
- As of Oct 16, 2026, Kaiser Aluminum Corporation (KALU) has a forward dividend yield of 2.08%, based on an annual dividend of $3.08 per share and a share price of $148.42.
- As of Oct 16, 2026, KALU's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
- KALU has never cut its regular dividend in the payment history SmarterDividends has on record.
- KALU's next ex-dividend date is Oct 23, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 16, 2026, KALU pays out 23% of its trailing 12-month earnings as dividends (its payout ratio).
- KALU's dividend has grown at an average rate of 2.8% a year over the past five years.
- As of Oct 16, 2026, KALU's 2.08% yield is 43% below its five-year average yield of 3.66%.
- As of Oct 16, 2026, SmarterDividends' blended fair-value estimate for KALU is $186.93 per share, 26% above the $148.42 share price, so KALU screens as undervalued.
- Kaiser Aluminum Corporation (KALU) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "KALU Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 16, 2026, https://smarterdividends.com/stocks/KALU
Summary
As of Oct 16, 2026, Kaiser Aluminum Corporation (KALU) yields 2.08% ($3.08 a year per share) and has a dividend safety grade of A (91/100).
Is KALU a good dividend stock?
YesKaiser Aluminum Corporation (KALU) pays a quarterly dividend yielding 2.08% ($3.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (23%)
- 65% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.08%
- Payout Ratio
- 23%
- Annual Dividend
- $3.08
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Oct 23, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.58
- Market Cap
- $2.4B
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 65%
- 52-Week Range
- $77.24 – $199.89
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
Is KALU a good dividend stock?
Yes. Kaiser Aluminum Corporation (KALU) pays a quarterly dividend yielding 2.08% ($3.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is KALU undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KALU's fair value is about $186.93 versus a $148.42 share price — so it looks undervalued (+26% vs. fair value).
Is KALU's dividend safe?
KALU has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is KALU's fair value?
Our blended fair-value estimate for KALU is about $186.93 per share, roughly 26% above the current $148.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is KALU a buy, hold, or sell?
We don't issue formal ratings, but on the data KALU screens as "yes" and undervalued. Kaiser Aluminum Corporation (KALU) pays a quarterly dividend yielding 2.08% ($3.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will KALU cut its dividend?
KALU earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does KALU pay a dividend?
Yes. Kaiser Aluminum Corporation pays a quarterly dividend of about $3.08 per share annually, a forward yield of roughly 2.08%.
What is KALU's dividend yield?
As of Oct 16, 2026, KALU's forward dividend yield is 2.08%, based on a $3.08 annual dividend and a $148.42 share price.
What is KALU's dividend per share?
As of Oct 16, 2026, KALU pays $3.08 per share per year, distributed on a quarterly basis.
What is KALU's dividend payout ratio?
As of Oct 16, 2026, KALU's payout ratio is 23% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has KALU grown its dividend?
KALU does not currently have a long dividend-growth streak on record.
When is the next KALU ex-dividend date?
As of Oct 16, 2026, the next ex-dividend date on record for KALU is Oct 23, 2026.
KALU Price — Last 12 Months
Daily close
Price Return
1 Year
+53%
3 Years
+152%
5 Years
+65%
52-Week Range
$77.24 – $199.89
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KALU worth?
Undervaluedlow confidenceOur blended fair-value estimate for Kaiser Aluminum Corporation is $186.93 per share, versus a market price of $148.42. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$186.93
Current Price
$148.42
Upside
+26%
Margin of Safety
21%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 29.4% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $13.48 EPS, $3.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KALU Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full KALU dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 24, 2026 | Aug 14, 2026 | $0.7700 | regular |
| Apr 24, 2026 | May 15, 2026 | $0.7700 | regular |
| Jan 23, 2026 | Feb 13, 2026 | $0.7700 | regular |
| Oct 24, 2025 | Nov 14, 2025 | $0.7700 | regular |
| Jul 25, 2025 | Aug 15, 2025 | $0.7700 | regular |
| Apr 25, 2025 | May 15, 2025 | $0.7700 | regular |
| Jan 24, 2025 | Feb 14, 2025 | $0.7700 | regular |
| Oct 25, 2024 | Nov 15, 2024 | $0.7700 | regular |
| Jul 25, 2024 | Aug 15, 2024 | $0.7700 | regular |
| Apr 24, 2024 | May 15, 2024 | $0.7700 | regular |
| Jan 24, 2024 | Feb 15, 2024 | $0.7700 | regular |
| Oct 24, 2023 | Nov 15, 2023 | $0.7700 | regular |
| Jul 24, 2023 | Aug 15, 2023 | $0.7700 | regular |
| Apr 24, 2023 | May 15, 2023 | $0.7700 | regular |
Income Calculator
At $3.08 / yr per share
Similar Dividend Stocks
Compare KALU
Explore more
Lists and tools related to KALU
- Undervalued dividend stocks →
- Safest dividend stocks →
- Basic Materials dividend stocks →
- KALU dividend calculator →
- KALU DRIP calculator →
- KALU: last day to buy for the dividend →
- Embed KALU dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →




