Arconic (ARNC) is having a Dividend Yield of 0.82% with the Annual cash Dividend per share of $0.36. The last quarter cash dividend per share pay out was $0.09. Arconic has a 5 year average dividend yield of 1.2% and the stock has a Indicated annual dividend of $0.24. Arconic (ARNC) formally announced its most recent dividend on January 17, 2017 with a Dividend per share of $0.06. The new indicated annual dividend based on announced dividend per share is $0.24. The dividend yield based on the forward looking indicated annual dividend is 0.82%. Arconic (ARNC) has the most recent dividend payout ratio of 0.33 with a 5-year average payout ratio of 0.32. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01.
Arconic Inc. (NYSE:ARNC) rose 0.96% or 0.28 points on Thursday and made its way into the gainers of the day. After trading began at $29.14 the stock was seen hitting $29.49 as a peak level and $29.055 as the lowest level. The stock ended up at $29.49. The daily volume was measured at 5,046,892 shares. The 52-week high of the share price is $30.16 and the 52-week low is $16.75. The company has a market cap of $12,931 million. Shares of Arconic Inc. rose by 5.47% in the last five trading days and 41.61% for the last 4 weeks. Arconic Inc. is up 48.51% in the last 3-month period. Year-to-Date the stock performance stands at 59.48%.
Currently the company Insiders own 0.55% of Arconic Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.8% . During last six month period, the net percent change held by insiders has seen a change of 5.8%.
Arconic was carved out of aluminum giant Alcoa on November 1, 2016. The company describes itself as a global leader in multi-material, precision engineered products and solutions for a variety of industries.