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PITTSBURGH - Alcoa Corporation (NYSE: AA; ASX: AAI), a leader in the production of bauxite, alumina, and aluminum products, has announced a quarterly cash dividend of $0.10 per share for its common and Series A convertible preferred stock, representing an annual dividend yield of 1.56%. The dividend is scheduled for payment on June 6, 2025, to shareholders of record by the close of business on May 20, 2025. According to InvestingPro data, the stock has experienced significant volatility, with the share price currently trading at $25.88, down about 42% over the past six months.
This decision by Alcoa’s Board of Directors to declare a dividend reflects the company’s ongoing commitment to providing value to its shareholders. With an InvestingPro Financial Health Score rated as "GOOD" and current analysis suggesting the stock is undervalued, Alcoa has maintained its market position despite recent challenges. The company has a history of innovation and efficiency in the aluminum industry, striving for sustainability and community engagement in its global operations.
The company, which has been pivotal in making aluminum an essential component of modern life through its development processes, continues to focus on turning raw potential into tangible progress. Alcoa’s practices are guided by a set of core values that include integrity, operating excellence, and a dedication to the well-being of its employees and leadership.
Alcoa has made it known that future announcements pertaining to company developments and financial performance will be communicated through its website, as well as press releases, SEC filings, conference calls, media broadcasts, and webcasts.
The information regarding the dividend is based on a press release statement from Alcoa Corporation. Shareholders and investors are advised to monitor Alcoa’s official channels for further updates and information about the company’s financial developments.
In other recent news, Alcoa reported a strong first quarter in 2025, with earnings per share of $2.15, surpassing the forecasted $1.58 by 36%. However, its revenue of $3.37 billion fell short of the expected $3.5 billion. Despite the earnings beat, Alcoa faces challenges with U.S. tariffs on aluminum imports from Canada, which are expected to cost the company about $90 million in the second quarter. Additionally, Alcoa’s operations in Spain were disrupted by a nationwide power outage, impacting its San Ciprián facility. The company is conducting a comprehensive assessment to determine the full operational and financial implications of this outage. In legal developments, Alcoa won a favorable ruling in its tax dispute with the Australian Taxation Office, potentially leading to a $67 million refund. Meanwhile, JPMorgan recently adjusted its price target for Alcoa from $28 to $25, maintaining a Neutral rating, following the company’s first-quarter earnings report. These developments highlight the various operational and financial challenges Alcoa is navigating in the current market environment.
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