Alcoa Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Alcoa Corporation (NYSE: AA) has declared a $0.10 quarterly cash dividend per share for its common stock. This dividend will be paid on November 18, 2022, to shareholders recorded by November 1, 2022. Alcoa continues to position itself as a leader in the aluminum industry, emphasizing sustainability and innovation.

Positive

• Quarterly cash dividend of $0.10 per share increases shareholder returns.

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, to be paid on November 18, 2022 to stockholders of record as of the close of business on November 1, 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/20221018006212/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 for 2022?

Alcoa declared a dividend amount of $0.10 per share.

When will Alcoa's dividend be paid?

The dividend will be paid on November 18, 2022.

Who is eligible to receive Alcoa's dividend?

Shareholders on record as of November 1, 2022, are eligible to receive the dividend.

How frequently does Alcoa declare dividends?

Alcoa typically declares dividends quarterly.