Alcoa Declares 3-Cent Common Stock Dividend

The Associated Press reported that Alcoa Inc. (NYSE:AA) declared a quarterly common stock dividend of 3 cents.

The market news is quoted as saying:

The dividend will be paid on Nov. 25 to shareholders of record as of Nov. 4. The New York-based aluminum company’s board also declared a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock. That dividend will be paid on Jan. 1 to shareholders of record as of Dec. 9, the company said.

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