valued at spot on the day of issue. Then store the ingots for shareholders until AL prices rise. Talk about causing a short squeeze!
just drink more beer and save the cans
Alcoa has little earnings; thus its dividend is small.
Which part of what I wrote didn't you understand?
I would be happy to take my dividend in tangible Aluminum vs fiat currency. Just structure the transaction so that taxable gains aren't realized until the metal is sold!