Reuters reported that Noranda Aluminum Holding Company posted Q4 results below analysts' estimates hurt by lower realized prices for aluminum but the company raised its quarterly dividend by a cent.

Noranda, which started paying dividend last November raised its quarterly dividend to 4 cents per share. The dividend will be paid on March 21st 2012 to shareholders on record as of February 27th 2012.

Tennessee based Noranda reported a quarterly net income of USD 24.4 million or 36 cents per share compared with USD 34.9 million or 59 cents per share. Excluding items, the profit was 1 cent per share. Revenue fell 15% to USD 338.5 million.

(Sourced from Reuters)