Kaiser Aluminum (NASDAQ:KALU) today 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 November 14, 2008 to
shareholders of record at the close of business on October 24, 2008.
Kaiser Aluminum is a leading producer of fabricated aluminum products,
serving customers worldwide with highly-engineered solutions for
aerospace and high-strength, general engineering, and custom automotive
and industrial applications. The company’s
North American facilities annually produce more than 500 million pounds
of value-added sheet, plate, extrusions, forgings, rod, bar and tube
products, adhering to traditions of quality, innovation and service that
have been key components of our culture since the company was founded in
1946. The company’s stock is included in the
Russell 2000® index. For more information,
please visit www.kaiseraluminum.com.
F-1102
Certain statements in this release relate to future events and
expectations and, as a result, constitute forward-looking statements
involving known and unknown risks and uncertainties that may cause
actual results, performance or achievements of the company to be
different from those expressed or implied in the forward-looking
statements. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include: (a) the
effectiveness of management's strategies and decisions; (b) adverse
changes in economic or aluminum industry conditions generally; (c)
adverse changes in the markets served by the company, including the
aerospace, defense, general engineering, automotive, distribution and
other markets; (d) the company’s inability to
achieve the level of cash generation, margin improvements, cost savings,
or earnings or revenue growth anticipated by management; (e) the impact
of the company’s future earnings, financial
condition, capital requirements and other factors on its ability to pay
future dividends and any decision by the company’s
board of directors in that regard; and (f) the other risk factors
summarized in the company's Form 10-K for the year ended December 31,
2007 and other reports filed with the Securities and Exchange Commission.
Investor Relations Contacts:
Kaiser Aluminum
Melinda
Ellsworth, 949-614-1740
or
Public Relations Contact:
Fleishman-Hillard
Geoff
Mordock, 323-762-1818
