Southern Copper Corporation (NYSE:SCCO) Declares Dividend Increase - $1. 10 Per Share
Southern Copper Corporation (NYSE:SCCO) declared a quarterly dividend on Thursday, July 16th. Investors of record on Tuesday, August 11th will be given a dividend of 1. 10 per share by the basic materials company on Thursday, August 27th. This represents a c) annualized dividend and a yield of 2. 2%. The ex-dividend date is Tuesday, August 11th. This is a 10. 0% increase from Southern Copper's previous quarterly dividend of $1. 00.
Southern Copper Corporation(NYSE:SCCO-Get Free Report) declared a quarterly dividend on Thursday, July 16th. Investors of record on Tuesday, August 11th will be given a dividend of 1. 10 per share by the basic materials company on Thursday, August 27th. This represents a c) annualized dividend and a yield of 2. 2%. The ex-dividend date of this dividend is Tuesday, August 11th. This is a 10. 0% increase from Southern Copper's previous quarterly dividend of $1. 00. 3 Multi-Metal Stocks for Income and Long-Term GrowthSouthern Copper has raised its dividend payment by an average of 0. 2%per year over the last three years. Southern Copper has a payout ratio of 99. 1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company's earnings fall. Equities analysts expect Southern Copper to earn $7. 01 per share next year, which means the company should continue to be able to cover its $4. 40 annual dividend with an expected future payout ratio of 62. 8%. GetSouthern Copperalerts:Southern Copper Stock Up 3. 3%Southern Copper stockopened at $199. 38 on Friday. The stock has a market cap of $164. 70 billion, a PE ratio of 29. 15, a P/E/G ratio of 1. 71 and a beta of 1. 11. The company has a debt-to-equity ratio of 0. 63, a current ratio of 5. 06 and a quick ratio of 3. 89. The stock's fifty day moving average is $181. 84 and its two-hundred day moving average is $184. 71. Southern Copper has a 1-year low of $92. 57 and a 1-year high of $223. 88. Copper Cools After Record January—But This ETF Is a Buy-the-Dip OpportunitySouthern Copper's stock is set to split on the morning of Tuesday, August 11th. The 1. 012-1 split was recently announced. The newly minted shares will be distributed to shareholders after the closing bell on Monday, August 10th. Southern Copper (NYSE:SCCO-Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported $2. 01 EPS for the quarter, beating analysts' consensus estimates of $1. 95 by $0. 06. Southern Copper had a return on equity of 49. 04% and a net margin of 35. 87%. The business had revenue of $4. 29 billion for the quarter, compared to the consensus estimate of $4. 37 billion. The business's revenue was up 40. 6% on a year-over-year basis. On average, sell-side analysts expect that Southern Copper will post 7. 63 EPS for the current fiscal year. Southern Copper Company Profile(Get Free Report)The Copper Barbell: How to Profit From the Shortage—and Avoid the Dilution TrapSouthern Copper CorporationNYSE: SCCOis a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities. Southern Copper's operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities. See AlsoFive stocks we like better than Southern CopperQuantum Earnings Week: Winners and Losers Are Finally EmergingAxon’s Post-Earnings Pullback May Be More About Valuation Than GrowthUber Stock Lags in 2026, But Cash Flow and AV Bets Fuel UpsideAppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay BullishThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Southern Copper Right Now?Before you consider Southern Copper, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Southern Copper wasn't on the list. While Southern Copper currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereDiscover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets. Get This Free Report