Quarterly Dividends get approved: Arconic Board
The Pittsburg, US-based Arconic Manufacturing specialized in lightweight metals engineering and manufacturing with products like Aluminium gets approval of quarterly dividends from their board.
The Board of Directors of Arconic (NYSE: ARNC) declared (a) a dividend of 2 % per share on the outstanding Common Stock of the Company, payable on 25th February’20, to the holders of record of the Common Stock at the close of business on 7th February’20; and (b) a dividend of 93.75% per share on Arconic’s $3.75 Cumulative Preferred Stock (“Class A Stock”), payable on 1st April’20 to the holders of record of the Class A Stock at the close of business on 13th March’20.
Arconic creates breakthrough products that shape industries. The company works in close tie-ups with their customers and resolve complex engineering challenges to transform the way.
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