Alcoa Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Alcoa Corporation (NYSE: AA) has declared a quarterly cash dividend of $0.10 per share. The dividend is set to be paid on March 23, 2023, to shareholders on record as of March 7, 2023. Alcoa continues to position itself as a global leader in bauxite, alumina, and aluminum products while emphasizing sustainability and innovation in the industry. The company aims to transform the aluminum sector for a sustainable future, reflecting its commitment to progress and efficiency.

Positive

• Quarterly cash dividend of $0.10 per share declared, indicating ongoing shareholder returns.

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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 23, 2023 to stockholders of record as of the close of business on March 7, 2023.

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/20230222005636/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 for March 2023?

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

When will the dividend for Alcoa Corporation be paid?

The dividend will be paid on March 23, 2023.

What is the record date for the Alcoa Corporation dividend?

The record date for the Alcoa Corporation dividend is March 7, 2023.

How often does Alcoa Corporation pay dividends?

Alcoa Corporation typically pays dividends quarterly.

Is the dividend from Alcoa Corporation sustainable?

The sustainability of the dividend depends on the company's financial performance and strategic initiatives.