Company profiles · Steel, Aluminum & Copper

Kaiser Aluminum (KALU): US–Canada Tariff Exposure, Government Contracts, and Risk

MIXEDWATCH TIER
Last close · Oct 30$116.28 −25.6% since report
Report price · Aug 28, 2026 close$156.38
Market cap$2.5B
52-wk range73–200
Dividend · quarterly$3.08/yr 2.65% · next Nov 13

Why it’s on the map

Aerospace plate, can sheet, extrusions; record Q2 sales $1.26B (+53%), 38% margin.

Government money & contracts

Defense/aerospace supply chain.

Customers & commercial

Boeing, can makers.

Catalysts

New CEO Nov 1; FY outlook raised.

Risk

Fabricator that BUYS tariffed metal; 'metal lag' tailwind reverses if premium falls.

Tariff durability

Pass-through.

Dividend · #14 of 47 payers by yield
2.65% yield
$3.08 a share a year · quarterly · pays Feb · May · Aug · Nov
All payers ranked →
Per payment$0.77a share, 4× a year
Next payoutNov 13declared · $0.77 a share
Last ex-dateOct 23, 2026own it before the ex-date to collect
Last paidAug 14, 2026$0.77 a share
Payout ratio24%of earnings · well covered
Raised—streak not on record
Shares at the Oct 30 close of $116.288.60
Each payment$6.62
Per year · 4 payments$26.49
Recent payments
Ex-datePaidPer share
Oct 23, 2026Nov 13, 2026$0.77declared, upcoming
Jul 24, 2026Aug 14, 2026$0.77
Apr 24, 2026May 15, 2026$0.77
Jan 23, 2026Feb 13, 2026$0.77
Oct 24, 2025Nov 14, 2025$0.77

Yield = $0.77 × 4 ÷ the Oct 30 close of $116.28. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source