Southern Copper Co. (NYSE:SCCO – Get Free Report) declared a quarterly dividend on Thursday, July 18th, NASDAQ reports. Stockholders of record on Friday, August 9th will be given a dividend of 0.60 per share by the basic materials company on Monday, August 26th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, August 9th.
Southern Copper has raised its dividend payment by an average of 38.7% annually over the last three years.
Southern Copper Price Performance
Shares of NYSE:SCCO traded up $0.51 during trading on Wednesday, reaching $99.71. The stock had a trading volume of 211,646 shares, compared to its average volume of 1,196,759. Southern Copper has a 52 week low of $68.93 and a 52 week high of $129.79. The business’s 50-day moving average price is $109.24 and its 200 day moving average price is $103.60. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.31 and a quick ratio of 2.56. The stock has a market capitalization of $77.89 billion, a PE ratio of 33.21, a P/E/G ratio of 1.04 and a beta of 1.20.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Southern Copper
About Southern Copper
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead.
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