Alcoa Approves Dividend on Mandatory Convertible Preferred Stock
December 03 2014 - 12:03PM
Business Wire
Alcoa (NYSE:AA) today announced that its Board of Directors
declared a dividend of $7.53993 per share on the outstanding 5.375%
Class B Mandatory Convertible Preferred Stock Series 1 (equivalent
to $0.753993 per Depositary Share) payable on January 1, 2015 to
shareholders of record of the Mandatory Convertible Preferred Stock
at the close of business on December 15, 2014. The dividend is for
the initial dividend period beginning on September 22, 2014 and
ending on December 31, 2014.
About AlcoaA 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 62,000 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.
AlcoaInvestor ContactKelly Pasterick,
212-836-2674Kelly.Pasterick@alcoa.comorMedia ContactMonica Orbe,
212-836-2632Monica.Orbe@alcoa.com
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