AA Stock — Alcoa Corporation

Alcoa Corporation (AA)

Updated October 2, 2026.

AA is a Stock. its distribution rate is 0.95%, its trailing-12-month yield is 0.95%. Dividend Vision Distribution Safety Score™ is 86/100 (Safe). Its deepest 1-year drawdown was 49.8%.

At the current 0.95% distribution rate, a $10,000 investment would generate approximately $95 per year, or about $23.75 per quarter if the next payment matches the last regular one.

Alcoa Corporation operates a vertically integrated aluminum production business, encompassing bauxite mining, alumina refining, aluminum smelting and casting, and energy generation across multiple countries including Australia, Brazil, Canada, Iceland, Norway, Spain, and the United States. The company distributes quarterly with a modest current distribution rate and serves markets in transportation, construction, packaging, and industrial applications. Alcoa appeals to investors seeking exposure to cyclical commodity producers with operational diversification across the aluminum value chain.

AA performance

Its deepest 1-year drawdown was 49.8%.

AA key facts

Distribution Safety Score™

86 · Safe

Safety-Adjusted Yield

0.82%

Asset type

Stock

Asset class

Equity

Inception date

01/03/1984

Distribution rate

0.95%

Distribution frequency

Quarterly

Trailing yield

0.95%

5-year average yield

0.67

Last close

$41.95 (as of 2026-10-02)

Market cap

$11,071,001,218

Average volume

3690300.0

Last dividend

$0.10

Last ex-dividend date

08/11/2026

Last payment date

08/27/2026

Beta

1.631

Payout ratio

8.4%

P/E ratio

8.72

Forward P/E

8.0386

EPS

$4.81

How Dividend Vision calculates yield and returns

Distribution rate (0.95%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.95%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AA risks and drawbacks

AA's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 49.8%.

Who may consider AA — and who may not

AA may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (AA pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions