Alcoa Board Approves Quarterly Dividends
July 22 2016 - 11:17AM
Business Wire
The Board of Directors of Alcoa (NYSE:AA) today declared (a) a
quarterly common stock dividend of 3 cents per share payable August
25, 2016 to holders of record of the common stock at the close of
business on August 5, 2016; (b) a dividend of 93.75 cents per share
on Alcoa’s $3.75 cumulative preferred stock (“Class A Stock”)
payable October 1, 2016 to holders of record of the Class A Stock
at the close of business on September 9, 2016; and (c) a dividend
of $6.71875 per share on Alcoa’s 5.375% Class B Mandatory
Convertible Preferred Stock (“Class B Stock”) payable October 1,
2016 to holders of record of the Class B Stock at the close of
business on September 15, 2016. The dividend on the Class B Stock
is equivalent to a dividend of $0.671875 per Depositary Share (each
Depositary Share representing a 1/10th interest in a share of Class
B Stock).
Dissemination of Company Information
Alcoa intends to make future announcements regarding Company
developments and financial performance through its website at
www.alcoa.com.
About Alcoa
A global leader in lightweight metals technology, engineering
and manufacturing, Alcoa innovates multi-material solutions that
advance our world. Our technologies enhance transportation, from
automotive and commercial transport to air and space travel, and
improve industrial and consumer electronics products. We enable
smart buildings, sustainable food and beverage packaging, high
performance defense vehicles across air, land and sea, deeper oil
and gas drilling and more efficient power generation. We pioneered
the aluminum industry over 125 years ago, and today, our
approximately 57,000 people in 30 countries deliver value-add
products made of titanium, nickel and aluminum, and produce
best-in-class bauxite, alumina and primary aluminum products. For
more information, visit www.alcoa.com, follow @Alcoa on Twitter at
www.twitter.com/Alcoa and follow us on Facebook at
www.facebook.com/Alcoa.
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version on businesswire.com: http://www.businesswire.com/news/home/20160722005544/en/
AlcoaInvestorsMatt
Garth212-836-2714Matthew.Garth@alcoa.comorMediaMonica
Orbe212-836-2632Monica.Orbe@alcoa.com
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