Alcoa Corp. (AA) Dividends
AA Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $45.74 | $2.55 | -97.29% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of AA, the DDM model generated by StockNews estimates a return of negative 97.29% in comparison to its current price. To help understand and contextualize the model's evaluation of AA, investors may wish to consider are:
- AA generates about 12 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than 2.91% of companies in the large revenue class.
- In terms of opportunity, AA's provides a return of -97.29% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 0.81% of all stocks we measured with our dividend discount model.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for AA, approximately merely 18.32% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
AA Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-29 | Dividend | $0.10 | -- |
| 2024-08-12 | Dividend | $0.10 | -- |
| 2024-05-20 | Dividend | $0.10 | -- |
| 2024-03-04 | Dividend | $0.10 | -- |
| 2023-10-30 | Dividend | $0.10 | -- |
| 2023-08-07 | Dividend | $0.10 | -- |
| 2023-05-15 | Dividend | $0.10 | -- |
| 2023-03-06 | Dividend | $0.10 | -- |
| 2022-10-31 | Dividend | $0.10 | -- |
| 2022-08-08 | Dividend | $0.10 | -- |
| 2022-05-16 | Dividend | $0.10 | -- |
| 2022-03-07 | Dividend | $0.10 | -- |
| 2021-10-28 | Dividend | $0.10 | +11.11% |
| 2016-11-08 | Dividend | $0.09 | +107,600.00% |
| 2016-11-01 | Split | 359-268-for-1 Stock Split | N/A% |
| 2016-10-06 | Split | 1-3-for-1 Stock Split | N/A |
| 2016-08-03 | Dividend | $0.03 | -- |
| 2016-05-04 | Dividend | $0.03 | -- |
| 2016-02-03 | Dividend | $0.03 | -- |
| 2015-11-04 | Dividend | $0.03 | -- |
| 2015-08-05 | Dividend | $0.03 | -- |
| 2015-05-07 | Dividend | $0.03 | -- |
| 2015-02-04 | Dividend | $0.03 | -- |
| 2014-11-05 | Dividend | $0.03 | -- |
| 2014-08-06 | Dividend | $0.03 | -- |
| 2014-05-08 | Dividend | $0.03 | -- |
| 2014-02-05 | Dividend | $0.03 | -- |
| 2013-11-06 | Dividend | $0.03 | -- |
| 2013-08-07 | Dividend | $0.03 | -- |
| 2013-05-09 | Dividend | $0.03 | -- |
| 2013-02-06 | Dividend | $0.03 | -- |
| 2012-10-31 | Dividend | $0.03 | -- |
| 2012-08-01 | Dividend | $0.03 | -- |
| 2012-05-10 | Dividend | $0.03 | -- |
| 2012-02-01 | Dividend | $0.03 | -- |
| 2011-11-02 | Dividend | $0.03 | -- |
| 2011-08-03 | Dividend | $0.03 | -- |
| 2011-05-12 | Dividend | $0.03 | -- |
| 2011-02-02 | Dividend | $0.03 | -- |
| 2010-11-03 | Dividend | $0.03 | -- |
| 2010-08-04 | Dividend | $0.03 | -- |
| 2010-05-05 | Dividend | $0.03 | -- |
| 2010-02-03 | Dividend | $0.03 | -- |
| 2009-11-04 | Dividend | $0.03 | -- |
| 2009-08-05 | Dividend | $0.03 | -- |
| 2009-05-06 | Dividend | $0.03 | -82.35% |
| 2009-02-04 | Dividend | $0.17 | -- |
| 2008-11-05 | Dividend | $0.17 | -- |
| 2008-08-06 | Dividend | $0.17 | -- |
| 2008-04-30 | Dividend | $0.17 | -- |
| 2008-02-06 | Dividend | $0.17 | -- |
| 2007-10-31 | Dividend | $0.17 | -- |
| 2007-08-01 | Dividend | $0.17 | -- |
| 2007-05-02 | Dividend | $0.17 | -- |
| 2007-01-31 | Dividend | $0.17 | +13.33% |
| 2006-12-21 | Dividend | $0.15 | -- |
| 2006-11-01 | Dividend | $0.15 | -- |
| 2006-08-02 | Dividend | $0.15 | -- |
| 2006-05-03 | Dividend | $0.15 | -- |
| 2006-02-01 | Dividend | $0.15 | -- |
| 2005-11-02 | Dividend | $0.15 | -- |
| 2005-08-03 | Dividend | $0.15 | -- |
| 2005-05-04 | Dividend | $0.15 | -- |
| 2005-02-02 | Dividend | $0.15 | -- |
| 2004-11-03 | Dividend | $0.15 | -- |
| 2004-08-04 | Dividend | $0.15 | -- |
| 2004-05-06 | Dividend | $0.15 | -- |
| 2004-02-04 | Dividend | $0.15 | -- |
| 2003-11-05 | Dividend | $0.15 | -- |
| 2003-08-06 | Dividend | $0.15 | -- |
| 2003-04-30 | Dividend | $0.15 | -- |
| 2003-02-05 | Dividend | $0.15 | -- |
| 2002-11-06 | Dividend | $0.15 | -- |
| 2002-07-31 | Dividend | $0.15 | -- |
| 2002-05-01 | Dividend | $0.15 | -- |
| 2002-02-06 | Dividend | $0.15 | -- |
| 2001-10-31 | Dividend | $0.15 | -- |
| 2001-08-01 | Dividend | $0.15 | -- |
| 2001-05-02 | Dividend | $0.15 | -- |
| 2001-01-31 | Dividend | $0.15 | +20.00% |
| 2000-11-01 | Dividend | $0.13 | -- |
| 2000-08-02 | Dividend | $0.13 | +4.00% |
| 2000-06-12 | Split | 2-1-for-1 Stock Split | N/A |
| 2000-05-03 | Dividend | $0.25 | -- |
| 2000-02-02 | Dividend | $0.25 | +24.38% |
| 1999-11-03 | Dividend | $0.20 | +0.50% |
| 1999-08-04 | Dividend | $0.20 | +98.02% |
| 1999-05-05 | Dividend | $0.10 | +100.00% |
| 1999-02-26 | Split | 2-1-for-1 Stock Split | N/A |
| 1999-02-04 | Dividend | $0.10 | +61.60% |
| 1998-11-04 | Dividend | $0.06 | -- |
| 1998-08-05 | Dividend | $0.06 | -- |
| 1998-05-06 | Dividend | $0.06 | -33.33% |
| 1998-02-04 | Dividend | $0.09 | +50.00% |
| 1997-11-05 | Dividend | $0.06 | -- |
| 1997-08-06 | Dividend | $0.06 | -- |
| 1997-04-30 | Dividend | $0.06 | +11.11% |
| 1997-02-05 | Dividend | $0.06 | -32.43% |
| 1996-10-30 | Dividend | $0.08 | +48.00% |
| 1996-07-31 | Dividend | $0.06 | -- |
| 1996-05-01 | Dividend | $0.06 | -- |
| 1996-01-31 | Dividend | $0.06 | -- |
| 1995-11-01 | Dividend | $0.06 | -- |
| 1995-08-02 | Dividend | $0.06 | -- |
| 1995-05-01 | Dividend | $0.06 | -- |
| 1995-01-30 | Dividend | $0.06 | +12.50% |
| 1994-10-31 | Dividend | $0.05 | -- |
| 1994-08-01 | Dividend | $0.05 | -- |
| 1994-05-02 | Dividend | $0.05 | -- |
| 1994-01-31 | Dividend | $0.05 | -- |
| 1993-11-01 | Dividend | $0.05 | -- |
| 1993-08-02 | Dividend | $0.05 | -- |
| 1993-05-03 | Dividend | $0.05 | -- |
| 1993-02-01 | Dividend | $0.05 | -- |
| 1992-11-02 | Dividend | $0.05 | -- |
| 1992-08-03 | Dividend | $0.05 | -- |
| 1992-04-27 | Dividend | $0.05 | -10.12% |
| 1992-02-03 | Dividend | $0.06 | +11.26% |
| 1991-10-28 | Dividend | $0.05 | -- |
| 1991-07-29 | Dividend | $0.05 | -10.12% |
| 1991-04-29 | Dividend | $0.06 | -23.27% |
| 1991-01-28 | Dividend | $0.07 | +45.00% |
| 1990-10-29 | Dividend | $0.05 | -46.67% |
| 1990-07-30 | Dividend | $0.09 | +87.50% |
| 1990-04-30 | Dividend | $0.05 | -77.78% |
| 1990-01-29 | Dividend | $0.23 | +350.00% |
| 1989-10-30 | Dividend | $0.05 | -- |
| 1989-07-31 | Dividend | $0.05 | -- |
| 1989-05-01 | Dividend | $0.05 | -73.68% |
| 1989-01-30 | Dividend | $0.19 | +334.29% |
| 1988-10-31 | Dividend | $0.04 | -- |
| 1988-08-01 | Dividend | $0.04 | +16.67% |
| 1988-05-02 | Dividend | $0.04 | -- |
| 1988-02-01 | Dividend | $0.04 | +76.47% |
| 1987-11-17 | Dividend | $0.02 | -- |
AA Dividends vs. Peers
AA's dividend yield currently ranks #6 of 7 vs. its peers in the Aluminum category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | ACHHY | Aluminum Corporation of China Limited | 0.00% |
| 2 | CSTM | Constellium SE | 0.00% |
| 3 | AWCMY | Alumina Limited | 0.00% |
| 4 | KALU | Kaiser Aluminum Corporation | 0.00% |
| 5 | CENX | Century Aluminum Company | 0.00% |
| 6 | AA | Alcoa Corp. | 0.00% |
| 7 | ACH | Aluminum Corp. of China Ltd. ADR | 0.00% |