Alcoa Corporation (AA) Dividend
Alcoa Corporation (AA) currently pays a dividend yield of 0.78%, distributing $0.40 per share annually ($0.10 per quarter). The company operates in the Basic Materials sector.
AA dividend at a glance
| Dividend Yield | 0.78% |
|---|---|
| Annual Dividend | $0.40 per share |
| Per Payment | $0.10 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 11, 2026 |
| Next Payment Date | December 2, 2026 |
| Payout Ratio | 8% |
| Sector | Basic Materials |
| Implied Share Price (from yield) | $51.28 |
What AA pays on a $10,000 investment
At a 0.78% yield, $10,000 invested in AA generates about $78.00 per year, or roughly $19.50 every quarter. Share counts below use an implied price of $51.28, derived from the $0.40 annual dividend and the 0.78% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 19.5 | $7.80 | $1.95 |
| $5,000 | 97.5 | $39.00 | $9.75 |
| $10,000 | 195 | $78.00 | $19.50 |
| $25,000 | 487.5 | $195.00 | $48.75 |
| $100,000 | 1,950 | $780.00 | $195.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
AA dividend payment schedule
AA pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 11, 2026, with payment on December 2, 2026. Later rows are projected forward at the same interval and will shift when Alcoa Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 11, 2026 | December 2, 2026 | $0.10 | Confirmed |
| February 11, 2027 | March 4, 2027 | $0.10 | Projected |
| May 11, 2027 | June 1, 2027 | $0.10 | Projected |
| August 11, 2027 | September 1, 2027 | $0.10 | Projected |
To collect a AA dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How AA's dividend compares
Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.93%. AA's 0.78% is 3.15 percentage points below that median, ranking 623rd of 713 by yield.
Within Basic Materials, where we track 27 names, the median yield is 0.95% — putting AA below its sector.
What the numbers mean
AA pays out roughly 8% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, AA distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
AA dividend FAQ
When is the next AA ex-dividend date?
The next AA ex-dividend date is November 11, 2026, with the payment scheduled for December 2, 2026. You must own shares before the ex-dividend date to receive that payment.
What is AA's dividend yield?
AA currently yields 0.78%, based on $0.40 in dividends per share over the past year.
How often does AA pay dividends?
AA pays quarterly, which works out to 4 payments per year of about $0.10 per share.
How much dividend income would $10,000 of AA generate?
At the current 0.78% yield, $10,000 invested in AA would produce roughly $78.00 per year, or about $19.50 per quarter, before taxes and assuming the dividend holds.
Is AA a Dividend Aristocrat?
No. AA is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
AA dividend history
DivTrkr holds 208 recorded AA dividend payments going back to 1970. See the full AA dividend history — every payment, annual totals and growth by year.
Related dividend stocks
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- GPIX — Goldman Sachs S&P 500 Premium Income ETF dividend (8.48%)
- DOW — Dow Inc. dividend (4.61%)
- LYB — LyondellBasell Industries N.V. dividend (4.26%)
- WLK — Westlake Corporation dividend (2.86%)
- IFF — International Flavors & Fragran dividend (1.85%)
Similar yields to AA
- UPRO — ProShares UltraPro S&P 500 dividend (0.78%)
- GLW — Corning Incorporated dividend (0.77%)
- GPRK — Geopark Ltd dividend (0.77%)
- GWW — W.W. Grainger dividend (0.76%)
- HCA — HCA Healthcare, Inc. dividend (0.76%)
- VMC — Vulcan Materials Company dividend (0.80%)
Track AA dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.