Kaiser Aluminium (KALU) will raise its quarterly dividend from $0.35 to $0.40 per share.

"The increase in our quarterly dividend reflects our continued confidence in the long-term outlook of our business as we capitalize on secular demand growth for aerospace and automotive applications and continue to improve our manufacturing cost efficiencies," said Jack A. Hockema, President, CEO and Chairman. "With strong cash flows and growth potential from our existing platform, we are pleased to further enhance returns to shareholders while continuing to maintain financial strength and flexibility to pursue other value-creating opportunities," stated Mr. Hockema.

Kaiser Aluminum Corporation is a producer of semi-fabricated specialty aluminum products, serving customers worldwide with solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications.