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Alcoa Common Stock (AA)
Alcoa Corporation is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "AA."
Alcoa operates in the Basic Materials sector. Specifically, it is classified under the Metals & Mining industry, which includes companies that are involved in the extraction, processing, and distribution of various types of metals and minerals.
Alcoa Corporation is classified under the Materials sector of the Global Industry Classification Standard (GICS). Within the Materials sector, Alcoa is further classified under the Metals & Mining Industry Group, which includes companies that are involved in the exploration, development, and production of various types of metals and minerals.
Alcoa operates in the Aluminum sub-industry within the Metals & Mining Industry Group, and is one of the world's largest producers of aluminum products. The company's operations are focused on the extraction, processing, and distribution of various types of aluminum products, serving a range of industries around the world.
Alcoa Common Stock Dividend
Alcoa has been paying a quarterly dividend to its shareholders of $0.10 per share.
It's important to note that dividend payments are not guaranteed, and can be affected by a range of factors, including the company's financial performance, changes in the regulatory environment, and other economic factors.
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About Alcoa (AA)
Alcoa Corporation is a global leader in the production of bauxite, alumina, and aluminum products. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Alcoa has operations in more than 10 countries and employs approximately 14,000 people worldwide.
Alcoa's products are used in a wide range of industries, including aerospace, automotive, construction, and packaging.
The company's primary products include:
Alcoa mines bauxite, the primary raw material used to produce alumina and aluminum.
Alcoa processes bauxite into alumina, which is used to produce aluminum.
Alcoa produces a wide range of aluminum products, including sheet, plate, extrusions, forgings, and castings.
Alcoa was originally known as the Pittsburgh Reduction Company and was founded by Charles Martin Hall, who developed a process for producing aluminum using electrolysis.
In 1903, the company changed its name to Alcoa and became the first company to produce aluminum on a large commercial scale.
Alcoa played a significant role in the development of the aviation industry, producing aluminum parts for the Wright Brothers' plane in 1903 and later for military aircraft during World War II.
In 2016, Alcoa Corporation split into two separate publicly traded companies: Arconic, which focuses on manufacturing high-performance materials and components for the aerospace and automotive industries, and the new Alcoa Corporation, which focuses on the production of bauxite, alumina, and aluminum products.
Alcoa has a strong presence in Australia, where it operates the world's largest integrated bauxite mining, alumina refining, and aluminum smelting system.
Alcoa is committed to sustainability and is focused on reducing its environmental impact. The company has set a goal to achieve net-zero greenhouse gas emissions by 2050 and has made significant investments in renewable energy and recycling technologies.
Alcoa is committed to diversity, equity, and inclusion and has set a goal to achieve gender parity in its global workforce by 2030.
Alcoa has been recognized for its sustainability efforts, ranking among the world's most sustainable companies in the Dow Jones Sustainability Indices and receiving a perfect score on the Human Rights Campaign's Corporate Equality Index.
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