Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.
Alcoa Dividend Announcement
• Alcoa announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-29
• Alcoa annual dividend for 2024 was $0.40
• Alcoa annual dividend for 2023 was $0.40
• Alcoa's trailing twelve-month (TTM) dividend yield is 1.02%
• Alcoa's payout ratio for the trailing twelve months (TTM) is -27.74%
Alcoa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-29 | $0.10 | quarterly | 2024-11-15 |
2024-08-12 | $0.10 | quarterly | 2024-08-29 |
2024-05-20 | $0.10 | quarterly | 2024-06-07 |
2024-03-04 | $0.10 | quarterly | 2024-03-21 |
2023-10-30 | $0.10 | quarterly | 2023-11-17 |
2023-08-07 | $0.10 | quarterly | 2023-08-24 |
2023-05-15 | $0.10 | quarterly | 2023-06-02 |
2023-03-06 | $0.10 | quarterly | 2023-03-23 |
2022-10-31 | $0.10 | quarterly | 2022-11-18 |
2022-08-08 | $0.10 | quarterly | 2022-08-25 |
2022-05-16 | $0.10 | quarterly | 2022-06-03 |
2022-03-07 | $0.10 | quarterly | 2022-03-24 |
2021-10-28 | $0.10 | quarterly | 2021-11-19 |
2016-11-02 | $0.09 | quarterly | 2016-11-25 |
2016-08-03 | $0.03 | quarterly | 2016-08-25 |
2016-05-04 | $0.03 | quarterly | 2016-05-25 |
2016-02-03 | $0.03 | quarterly | 2016-02-25 |
2015-11-04 | $0.03 | quarterly | 2015-11-25 |
2015-08-05 | $0.03 | quarterly | 2015-08-25 |
2015-05-07 | $0.03 | quarterly | 2015-05-25 |
2015-02-04 | $0.03 | quarterly | 2015-02-25 |
2014-11-05 | $0.03 | quarterly | 2014-11-25 |
2014-08-06 | $0.03 | quarterly | 2014-08-25 |
2014-05-08 | $0.03 | quarterly | 2014-05-27 |
2014-02-05 | $0.03 | quarterly | 2014-02-25 |
2013-11-06 | $0.03 | quarterly | 2013-11-25 |
2013-08-07 | $0.03 | quarterly | 2013-08-26 |
2013-05-09 | $0.03 | quarterly | 2013-05-27 |
2013-02-06 | $0.03 | quarterly | 2013-02-25 |
2012-10-31 | $0.03 | quarterly | 2012-11-25 |
2012-08-01 | $0.03 | quarterly | 2012-08-27 |
2012-05-10 | $0.03 | quarterly | 2012-05-25 |
2012-02-01 | $0.03 | quarterly | 2012-02-25 |
2011-11-02 | $0.03 | quarterly | 2011-11-25 |
2011-08-03 | $0.03 | quarterly | 2011-08-25 |
2011-05-12 | $0.03 | quarterly | 2011-05-25 |
2011-02-02 | $0.03 | quarterly | 2011-02-25 |
2010-11-03 | $0.03 | quarterly | 2010-11-25 |
2010-08-04 | $0.03 | quarterly | 2010-08-25 |
2010-05-05 | $0.03 | quarterly | 2010-05-25 |
2010-02-03 | $0.03 | quarterly | 2010-02-25 |
2009-11-04 | $0.03 | quarterly | 2009-11-25 |
2009-08-05 | $0.03 | quarterly | 2009-08-25 |
2009-05-06 | $0.03 | quarterly | |
2009-02-04 | $0.17 | quarterly |
Alcoa Dividend per year
Alcoa Dividend growth
Alcoa Dividend Yield
Alcoa current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing Alcoa stock? Use our calculator to estimate your expected dividend yield:
Alcoa Financial Ratios
Alcoa Dividend FAQ
Other factors to consider when evaluating Alcoa as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Alcoa's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alcoa publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alcoa distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alcoa are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alcoa sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alcoa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alcoa declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alcoa's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alcoa's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.