Alcoa Inc. Will Pay Dividend before Earnings Announcement on 10th January - NYSE:AA

Alcoa Inc. NYSE:AA will announce its earnings report on 10th January 2011. In the start of this month company declared a dividend of $0.03 on its common stock which surged its share volume to 21.51 million shares which on the day before was around 17.71 million shares. Another dividend of $0.9375 per share on Alcoa’s $3.75 cumulative preferred stock will be paid on January 1st 2011.

Alcoa Inc. NYSE:AA on November 29, 2010 surged 0.91% with the closing price of $13.29. The overall volume in the last trading session was 21.86 million shares. Its fifty two week range was $9.81- $17.60. The total market capitalization remained $ 13.57 billion.

AA is ahead its 50 days moving average with 3.86% and above 200 days moving average of 8.38%. Its last month share price volatility was 2.49% and beta coefficient remained 2.08. In share capital AA has 1.02 billion outstanding shares which all have been floated in market. AA has insider ownership of 0.10% with its institutional ownership at 63.79%.

AA is ahead of its 52 week low with 36.15%. AA current year earnings per share reduced with 477.83% but its quarter performance remained positive with 29.91%. On quarter ended Sep 30, 2010 AA trailing twelve months profit margin was $ -1.35% while the operating margin included $ 3.27%. Its management remained effective in generating returns as the return on assets was 1.11%.

There was a significant growth in the quarterly revenue with 14.60% on year over year basis. on Jun 30, 2010 the total revenue was $ 5.19 billion which then surged to $ 5.29 billion on Sep 30, 2010. The last quarter total debt was $9.31 billion and cash remained $888 million resulting in a debt to equity ratio of 69.72.

Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in the technology, mining, refining, smelting, fabricating, and recycling of aluminum. Alcoa offers flat-rolled products, such as sheet and plate, foil products, and can reclamations; engineered products and solutions, including titanium, aluminum and super alloy investment castings. Its products are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications.