Alcoa Board Approves Quarterly Dividends

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UBS Cuts Price Target on Alcoa (AA) Following Board Approved Plan to Separate Business

September 29, 2015 6:56 AM UTC

UBS maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $13.00 (from $14.00), after the board approved a plan to separate its upstream and downstream business units into two separate, publicly-traded companies. Revenues for Upstream Co. over the LTM totalled... More

Alcoa (AA) Declares $0.03 Quarterly Dividend; 1.3% Yield

September 25, 2015 11:56 AM UTC

Alcoa (NYSE: AA) declared a quarterly dividend of $0.03 per share, or $0.12 annualized.

The dividend will be payable on November 25, 2015, to stockholders of record on November 6, 2015, with an ex-dividend date of November 4, 2015.

The annual yield on the dividend is 1.3 percent.

For a... More