Alcoa Inc. (NYSE:AA) Updates On Dividend Release Date


On 2016-07-22, Alcoa Inc. (NYSE:AA) confirmed the dividend disbursement of $0.03 a share to shareholders as on record 2016-08-05. The firm will release dividend on 2016-08-25 while ex-dividend date is reported to be 2016-08-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Alcoa Inc. (NYSE:AA) paid a total of $0.03 per share in dividends. This figure stood at $0.03 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $11.5 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $14 and $8, respectively.

Taking the mathematical rating formula, the price for Alcoa Inc. (NYSE:AA) stands at 2.14. Earnings Review Alcoa Inc. (NYSE:AA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-13. For the period ending on 2016-09-30, experts are expecting EPS of $0.11.

Coming to the quarter ending on 2015-12-31, Alcoa Inc. (NYSE:AA) recorded EPS of $0.15. The reported numbers came lower than the analysts’ estimates of $0.09, demonstrating a miss of $0.06 as against reported figures.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 94 times, 1 visits today)