Alcoa Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Alcoa Corporation (NYSE: AA) has declared a quarterly cash dividend of $0.10 per share, scheduled for payment on March 24, 2022, to stockholders of record as of March 8, 2022. This announcement underscores Alcoa's commitment to returning value to its shareholders while maintaining its leadership in the aluminum industry. The company continues to focus on sustainability and innovation as it seeks to transform the sector.

Positive

• Declared a quarterly cash dividend of $0.10 per share, indicating confidence in financial stability.

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• None.

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock, to be paid on March 24, 2022 to stockholders of record as of the close of business on March 8, 2022.

About Alcoa Corporation

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate.

Dissemination of Company Information

Alcoa intends to make future announcements regarding company developments and financial performance through its website, www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls and webcasts. The Company does not incorporate the information contained on, or accessible through, its corporate website into this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220224005638/en/

Investor Contact:

James Dwyer

412-992-5450

James.Dwyer@alcoa.com



Media Contact:

Jim Beck

412-315-2909

Jim.Beck@alcoa.com

Source: Alcoa

FAQ

What is the dividend amount declared by Alcoa Corporation?

Alcoa Corporation has declared a quarterly cash dividend of $0.10 per share.

When will Alcoa pay the dividend?

The dividend will be paid on March 24, 2022.

What is the record date for the Alcoa dividend?

The record date for the dividend is March 8, 2022.

How often does Alcoa Corporation pay dividends?

Alcoa typically pays dividends quarterly.

Is the dividend sustainable for Alcoa Corporation?

The sustainability of the dividend can be assessed in the context of Alcoa's financial performance and market conditions.