NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $8.43 as of 9:30 a.m. ET, the dividend yield is 1.4%.
The average volume for Alcoa has been 22.2 million shares per day over the past 30 days. Alcoa has a market cap of $9.02 billion and is part of the
industry. Shares are down 2.3% year to date as of the close of trading on Monday.
Alcoa, Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. The company has a P/E ratio of 120.7, above the average metals & mining industry P/E ratio of 105.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Alcoa as a
. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full