SmarterDividends
AA

Alcoa Corporation

AA

Basic Materials · Stock · quarterly payer

Forward Yield

0.51%

Annual Dividend

$0.40

Payout Ratio

10%

5-Yr Growth

Ex-Date

May 19, 2026

Frequency

Quarterly

AA Dividend Safety Score

80/ 100
Grade A

Very Safe

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage10% of earnings paid out
Free-cash-flow coverage10% of free cash flow
Balance-sheet strengthDebt/equity of 0.37
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is AA a good dividend stock?

Yes

Alcoa Corporation (AA) pays a quarterly dividend yielding 0.51% ($0.40/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 12 consecutive years of dividend growth
  • Comfortable payout ratio (10%)
  • 104% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
0.51%
Payout Ratio
10%
Annual Dividend
$0.40
5-Yr Avg Growth
Ex-Dividend Date
May 19, 2026
Years of Growth
12
Frequency
quarterly
Beta
1.57
Market Cap
$20.6B
P/E Ratio
20.0
5-Yr Total Return
104%
52-Week Range
$27.66 – $84.38
Dividend Safety
A · 80/100
Ever Cut?
Yes (2009)
AA ex-dividend date & scheduleNext ex-date May 19, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.40 / yr per share

Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33