Alcoa (NYSE:AA) Shareholders Set to Receive $0.10 Quarterly Dividend

Posted by Brenda Bartman on Oct 16th, 2026

Alcoa (NYSE:AA – Get Free Report) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Tuesday, October 27th will be given a dividend of $0.10 per share by the industrial products company on Friday, November 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, October 27th.

Alcoa has a dividend payout ratio of 15.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Alcoa to earn $5.69 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 7.0%.

Alcoa Trading Up 0.5%

AA stock opened at $40.30 on Friday. Alcoa has a one year low of $35.12 and a one year high of $84.38. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 8.29, a price-to-earnings-growth ratio of 0.49 and a beta of 1.74. The company has a fifty day moving average price of $47.10 and a two-hundred day moving average price of $56.14. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.53 and a quick ratio of 0.92.

Alcoa (NYSE:AA – Get Free Report) last issued its quarterly earnings data on Thursday, October 15th. The industrial products company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.31. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.77 billion. Alcoa had a net margin of 9.48% and a return on equity of 18.90%. The company’s revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.88 earnings per share. Equities analysts anticipate that Alcoa will post 6.69 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Tammi A. Jones sold 15,628 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $50.60, for a total value of $790,776.80. Following the completion of the transaction, the executive vice president owned 39,819 shares of the company’s stock, valued at $2,014,841.40. The trade was a 28.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Renato Bacchi sold 700 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $51.02, for a total transaction of $35,714.00. Following the sale, the executive vice president directly owned 74,930 shares of the company’s stock, valued at $3,822,928.60. This represents a 0.93% decrease in their position. The SEC filing for this sale provides additional information. 0.43% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alcoa

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Alcoa during the 2nd quarter worth approximately $1,528,523,000. Castle Hook Partners LP bought a new position in Alcoa in the fourth quarter valued at approximately $210,874,000. Bank of New York Mellon Corp bought a new position in Alcoa in the second quarter valued at approximately $166,194,000. Nykredit A S acquired a new position in Alcoa during the second quarter valued at approximately $74,407,000. Finally, Deutsche Bank AG acquired a new position in Alcoa during the second quarter valued at approximately $55,308,000. 82.39% of the stock is owned by institutional investors.

About Alcoa

(Get Free Report)

Alcoa Corporation (NYSE:AA) is a global producer of aluminum and an integrated participant in the aluminum industry. Its operations span the value chain from bauxite mining and alumina refining to aluminum smelting, casting and recycling.

The company supplies aluminum products used in transportation, building and construction, packaging, aerospace, automotive, electrical and other industrial applications. Its portfolio includes primary aluminum, alumina, aluminum billets and other cast products, as well as low-carbon and recycled aluminum offerings.

Alcoa traces its origins to the Pittsburgh Reduction Company, founded in 1888, and has helped develop the modern aluminum industry.