Trailing Dividend / Share
$0.39
Alcoa Corporation (AA) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.7%
Payout Ratio
9.1%
Sustainable
Dividend Streak
0 years
AA Dividend Income Check
Safety
9.1% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.7% and trend is unknown.
AA Dividend Scorecard
Yield & Income
Dividend Yield0.7%
Trailing DPS$0.39
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout9.1%
Earnings SafetySustainable
FCF Payout18.0%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak0 years
3Y CAGR0.0%
5Y CAGR2.1%
Yield on Cost (5Y)1.7%
YOC Trendunknown
Total Returns
Buyback Yield0.0%
Total Shareholder Yield0.7%
1Y Total Return110.7%
5Y Total Return90.9%
Div Contribution (5Y)5.9%
Estimated $10K growth (return + dividends):
5Y ago$19,08710Y ago$27,96920Y ago$10,426
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AA Income Growth Story
Dividend per share and yield on cost over time (53 years of payments)
AA Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Alcoa Corporation distributes 9.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 18.0%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
AA does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of 2.1%.
Total Shareholder Returns
Beyond cash dividends, AA returns capital through share repurchases. The combined picture: 0.7% dividend yield, 0.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.7% and is currently unknown. The 5-year total return is 90.9%, with dividends contributing 5.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,969 today.
AA Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$1.99
Avg/Payment$0.0995
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 19, 2026Latest | $0.1000 | — | 62.57% | Jun 5, 2026 |
| Mar 10, 2026 | $0.1000 | — | 65.24% | Mar 26, 2026 |
| Nov 4, 2025 | $0.1000 | — | 1.13% | Nov 21, 2025 |
| Aug 12, 2025 | $0.1000 | — | 1.27% | Aug 28, 2025 |
| May 20, 2025 | $0.1000 | — | 1.39% | Jun 6, 2025 |
| Mar 4, 2025 | $0.1000 | — | 1.28% | Mar 20, 2025 |
| Oct 29, 2024 | $0.1000 | — | 97.66% | Nov 15, 2024 |
| Aug 12, 2024 | $0.1000 | — | 1.28% | Aug 29, 2024 |
AA Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
0.7%
#5 of 6
Safety
Sustainable
9.1% payout
Streak
0Y
2.1% 5Y CAGR
Total Shareholder
0.7%
#6 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| AAAlcoa Corporation | $15.4B | 0.7% | 9.1% | 0 | Sustainable |
2nd  KALUKaiser Aluminum Corp… | $3.0B | 1.7% | 45.6% | 0 | Sustainable |
3rd  NEMNewmont Corporation | $115.0B | 1.0% | 15.6% | 0 | Sustainable |
 FCXFreeport-McMoRan Inc… | $98.7B | 0.9% | 39.2% | 1 | Sustainable |
 TECKTeck Resources Limit… | $31.0B | 0.5% | 17.6% | 1 | Sustainable |
1st  RIORio Tinto Group | $199.8B | 4.3% | 60.8% | 0 | Watch |
AA Annual Dividend History (1970–2026)
57 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.20 | — | 2 | — | — | — | 0.9% |
| 2025 | $0.40 | 0.0% | 4 | $4.44 | 9.0% | 11.10x | 1.7% |
| 2024 | $0.40 | 0.0% | 4 | $0.28 | 142.9% | 0.70x | 1.7% |
| 2023 | $0.40 | 0.0% | 4 | $-3.65 | — | — | 1.7% |
| 2022 | $0.40 | 300.0% | 4 | $-0.57 | — | — | 1.7% |
| 2021 | $0.10 | — | 1 | $2.26 | 4.4% | 22.60x | 0.4% |
| 2020 | $0.00 | — | 0 | $-0.91 | — | — | — |
| 2019 | $0.00 | — | 0 | $-6.07 | — | — | — |
| 2018 | $0.00 | — | 0 | $1.20 | — | — | — |
| 2017 | $0.00 | -100.0% | 0 | $1.16 | — | — | — |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into AA consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
56+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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AA — Frequently Asked Questions
Quick answers to the most common questions about buying AA stock.
How much dividend does AA pay per share?
Alcoa Corporation (AA) pays a trailing 12-month dividend of $0.39 per share, with a current dividend yield of +0.7%. Payments are made Semi-Annual.
When is AA's next ex-dividend date?
AA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AA typically pays dividends Semi-Annual.
Is AA's dividend safe?
AA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +9.1% and FCF payout ratio of +18.0%. The dividend history does not yet show a prolonged growth streak.
How many years has AA increased its dividend?
AA has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +2.1%.
How often does AA pay dividends?
Alcoa Corporation pays dividends Semi-Annual. The trailing 12-month total is $0.39 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in AA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AA five years ago would be worth approximately $19,087 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AA's yield on cost for long-term holders?
AA's yield on cost — the current dividend divided by the original purchase price — is +1.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.7% market yield, thanks to consistent dividend growth.