Alcoa (AA) To Go Ex-Dividend on August 11th

Alcoa (NYSE:AAGet Free Report) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.10 per share by the industrial products company on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, August 11th.

Alcoa has a dividend payout ratio of 15.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Alcoa to earn $5.81 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 6.9%.

Alcoa Price Performance

NYSE AA opened at $45.31 on Friday. The business’s fifty day moving average is $57.44 and its 200 day moving average is $61.49. Alcoa has a fifty-two week low of $28.11 and a fifty-two week high of $84.38. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.92 and a current ratio of 1.53. The company has a market capitalization of $11.96 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.51 and a beta of 1.63.

Alcoa (NYSE:AAGet Free Report) last issued its quarterly earnings results on Thursday, July 16th. The industrial products company reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.13). Alcoa had a return on equity of 18.90% and a net margin of 9.48%.The company had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter in the previous year, the company earned $0.39 EPS. Sell-side analysts predict that Alcoa will post 6.55 earnings per share for the current year.

Alcoa Company Profile

(Get Free Report)

Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.

Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.

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Dividend History for Alcoa (NYSE:AA)

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