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Alcoa Corporation Declares Quarterly Cash Dividend

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Alcoa (NYSE: AA) has announced a quarterly cash dividend of $0.10 per share for both its common stock and Series A convertible preferred stock. The dividend will be paid on August 29, 2024, to stockholders of record as of the close of business on August 12, 2024. This announcement comes in connection with Alcoa's acquisition of Alumina , which is expected to close on August 1, 2024. The Series A convertible preferred stock, created as part of this acquisition, will be issued at the closing of the transaction.

Alcoa (NYSE: AA) ha annunciato un dividendo in contante trimestrale di $0,10 per azione sia per le sue azioni ordinarie che per le azioni preferenziali convertibili di Series A. Il dividendo sarà pagato il 29 agosto 2024 agli azionisti registrati alla chiusura delle attività il 12 agosto 2024. Questo annuncio è legato all'acquisizione di Alumina da parte di Alcoa, che si prevede si concluderà il 1 agosto 2024. Le azioni preferenziali convertibili di Series A, create come parte di questa acquisizione, saranno emesse al termine della transazione.

Alcoa (NYSE: AA) ha anunciado un dividendo trimestral en efectivo de $0,10 por acción tanto para sus acciones ordinarias como para las acciones preferidas convertibles de Serie A. El dividendo se pagará el 29 de agosto de 2024 a los accionistas registrados al cierre de operaciones el 12 de agosto de 2024. Este anuncio está relacionado con la adquisición de Alumina por parte de Alcoa, que se espera se cierre el 1 de agosto de 2024. Las acciones preferidas convertibles de Serie A, creadas como parte de esta adquisición, se emitirán al cierre de la transacción.

알코아 (NYSE: AA)는 일반주식과 A 시리즈 전환 우선주에 대해 주당 $0.10의 분기 현금 배당금을 발표했습니다. 배당금은 2024년 8월 29일에 지급될 예정이며, 2024년 8월 12일 영업 종료 시점의 주주에게 지급됩니다. 이번 발표는 알코아의 알루미나 인수와 관련이 있으며, 이 인수는 2024년 8월 1일에 마감될 것으로 예상됩니다. A 시리즈 전환 우선주는 이 인수의 일환으로 만들어지며, 거래 마감 시 발행될 예정입니다.

Alcoa (NYSE: AA) a annoncé un dividende en espèces trimestriel de 0,10 $ par action, tant pour ses actions ordinaires que pour les actions privilégiées convertibles de Série A. Le dividende sera versé le 29 août 2024 aux actionnaires enregistrés à la clôture des affaires le 12 août 2024. Cette annonce est liée à l'acquisition d'Alumina par Alcoa, qui devrait se terminer le 1er août 2024. Les actions privilégiées convertibles de Série A, créées dans le cadre de cette acquisition, seront émises à la clôture de la transaction.

Alcoa (NYSE: AA) hat eine vierteljährliche Bardividende von 0,10 $ pro Aktie sowohl für ihre Stammaktien als auch für die umwandelbaren Vorzugsaktien der Serie A angekündigt. Die Dividende wird am 29. August 2024 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 12. August 2024 im Aktienbuch stehen. Diese Ankündigung steht im Zusammenhang mit Alcoas Übernahme von Alumina, die voraussichtlich am 1. August 2024 abgeschlossen wird. Die als Teil dieser Übernahme geschaffenen umwandelbaren Vorzugsaktien der Serie A werden bei Abschluss der Transaktion ausgegeben.

Positive
  • Alcoa is maintaining its dividend payment, signaling financial stability
  • The company is expanding through the acquisition of Alumina
Negative
  • 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 and Series A convertible preferred stock, to be paid on August 29, 2024, to stockholders of record as of the close of business on August 12, 2024. In connection with the Company’s acquisition of Alumina Limited, the Series A convertible preferred stock was created and will be issued at the closing of that transaction, expected on August 1, 2024.

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.

Investor Contact:

Jim Dwyer

412-992-5450

James.Dwyer@alcoa.com

Media Contact:

Courtney Boone

412-527-9792

Courtney.Boone@alcoa.com

Source: Alcoa

FAQ

What is the dividend amount for Alcoa (AA) stock?

Alcoa (NYSE: AA) has declared a quarterly cash dividend of $0.10 per share for both its common stock and Series A convertible preferred stock.

When is the ex-dividend date for Alcoa's (AA) latest dividend?

The press release does not specify the ex-dividend date. However, stockholders of record as of the close of business on August 12, 2024, will be eligible for the dividend payment.

When will Alcoa (AA) pay its next dividend?

Alcoa will pay its next quarterly dividend on August 29, 2024.

What is the significance of Alcoa's (AA) Series A convertible preferred stock?

The Series A convertible preferred stock is being created in connection with Alcoa's acquisition of Alumina It will be issued at the closing of the transaction, expected on August 1, 2024.

Alcoa Corporation

NYSE:AA

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9.76B
256.40M
0.76%
75.87%
3.4%
Aluminum
Primary Production of Aluminum
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United States of America
PITTSBURGH