Alcoa Board Approves Quarterly Dividends
April 30 2015 - 5:16PM
Business Wire
The Board of Directors of Alcoa (NYSE:AA) today declared (a) a
quarterly common stock dividend of 3 cents per share payable May
25, 2015 to holders of record of the common stock at the close of
business on May 11, 2015; (b) a dividend of 93.75 cents per share
on Alcoa’s $3.75 cumulative preferred stock (“Class A Stock”)
payable July 1, 2015 to holders of record of the Class A Stock at
the close of business on June 12, 2015; and (c) a dividend of
$6.71875 per share on Alcoa’s 5.375% Class B Mandatory Convertible
Preferred Stock (“Class B Stock”) payable July 1, 2015 to holders
of record of the Class B Stock at the close of business on June 15,
2015. 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).
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 59,000 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 ContactNahla Azmy,
212-836-2674Nahla.Azmy@alcoa.comorMedia ContactMonica Orbe,
212-836-2632Monica.Orbe@alcoa.com
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