Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, Spain, and Saudi Arabia; and holds a 55% interest in the Portland aluminum smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina Limited in December 2002. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia.
Alumina Dividend Announcement
• Alumina announced a semi annually dividend of $0.17 per ordinary share which will be made payable on 2022-09-20. Ex dividend date: 2022-09-01
• Alumina's trailing twelve-month (TTM) dividend yield is -%
Alumina Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-09-01 | $0.17 | semi annually | 2022-09-20 |
2022-03-03 | $0.11 | semi annually | 2022-03-24 |
2021-09-02 | $1.36 | semi annually | 2021-09-20 |
2021-03-04 | $0.12 | semi annually | 2021-03-22 |
2020-09-03 | $0.11 | semi annually | 2020-09-30 |
2020-03-05 | $0.14 | semi annually | 2020-03-20 |
2019-08-30 | $0.18 | semi annually | 2019-09-17 |
2019-03-01 | $0.56 | semi annually | 2019-03-18 |
2018-03-02 | $0.37 | semi annually | 2018-03-19 |
2017-08-31 | $0.17 | semi annually | 2017-09-15 |
2017-03-02 | $0.12 | semi annually | 2017-03-23 |
2016-09-01 | $0.12 | semi annually | 2016-09-16 |
2016-03-03 | $0.07 | semi annually | 2016-03-24 |
2015-09-02 | $0.18 | semi annually | 2015-09-29 |
2015-03-05 | $0.06 | semi annually | 2015-03-26 |
2012-02-23 | $0.12 | semi annually | |
2011-08-18 | $0.12 | semi annually | |
2011-02-16 | $0.16 | semi annually | |
2010-08-16 | $0.08 | semi annually | |
2010-02-12 | $0.07 | semi annually | |
2008-09-18 | $0.45 | semi annually | |
2008-09-11 | $0.58 | semi annually | |
2008-02-26 | $0.44 | semi annually |
Alumina Dividend per year
Alumina Dividend growth
Alumina Dividend Yield
Alumina current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alumina stock? Use our calculator to estimate your expected dividend yield:
Alumina Financial Ratios
Alumina Dividend FAQ
Other factors to consider when evaluating Alumina 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: Alumina'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, Alumina 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, Alumina 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 Alumina 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: Alumina 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, Alumina distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alumina 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 Alumina'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 Alumina'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.