Alcoa Corp. (AA) Dividends
AA Price Forecast Based on Dividend Discount Model
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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 Chart
AA Dividend History
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AA Dividends vs. Peers
AA's dividend yield currently ranks #6 of 7 vs. its peers in the Aluminum category.
|1||ACHHY||Aluminum Corporation of China Limited||0.00%|
|4||KALU||Kaiser Aluminum Corporation||0.00%|
|5||CENX||Century Aluminum Company||0.00%|
|7||ACH||Aluminum Corp. of China Ltd. ADR||0.00%|