Kaiser Aluminum Announces Increase in 4% Quarterly Dividend Payment

Kaiser Aluminum Corporation KALU today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.25 per share on the Company's outstanding common stock, representing a four percent increase over the prior quarter's dividend. The Board's decision to authorize the increase reflects confidence in the Company's financial strength and excellent long-term earnings potential derived from continued growth in aerospace and automotive demand and benefits yet to be fully realized from its organic and acquisition investments. The dividend will be payable on February 15, 2012 to shareholders of record as of the close of business on January 24, 2012.