Dividend Growth of Southern Copper Corporation(SCCO)

Southern Copper Corporation(SCCO) is having a Dividend Yield of 0.84% with the Annual cash Dividend per share of $0.18. The last quarter cash dividend per share pay out was $0.05. Southern Copper Corporation has a 5 year average dividend yield of 3.31% and the stock has a Indicated annual dividend of $0.32. Southern Copper Corporation(SCCO) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.32. The dividend yield based on the forward looking indicated annual dividend is 0.84%. Southern Copper Corporation(SCCO) has the most recent dividend payout ratio of 0.23 with a 5-year average payout ratio of 0.58. The Ex-Dividend amount last paid was $0.08 on February 10, 2017. The 5 year historical dividend growth of Southern Copper Corporation(SCCO) is at the rate of -41.05% while the R-Squared dividend growth is 0.61. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Southern Copper Corporation (NYSE:SCCO) witnessed a decline in the market cap on Thursday as its shares dropped 0.84% or 0.32 points. After the session commenced at $38.36, the stock reached the higher end at $38.5 while it hit a low of $37.74. With the volume soaring to 955,059 shares, the last trade was called at $37.98. The company has a 52-week high of $39.5. The company has a market cap of $29,359 million and there are 773,016,470 shares in outstanding. The 52-week low of the share price is $23.54. Shares of Southern Copper Corporation rose by 1.71% in the last five trading days and 6.05% for the last 4 weeks. Southern Copper Corporation is up 17.65% in the last 3-month period. Year-to-Date the stock performance stands at 19.17%.

Currently the company Insiders own 0.39% of Southern Copper Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.66% . Institutional Investors own 5.13% of Southern Copper Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -9.66%. Company has reported several Insider transactions to the SEC, on Feb 14, 2017, Bonilla Luis Miguel Palomino (director) sold 300 shares at 38.07 per share price.On Jan 15, 2016, Oscar Gonzalez Rocha (CEO) purchased 8,000 shares at 25.91 per share price.On Nov 23, 2015, German Larrea Mota Velasco (Chairman of the Board) purchased 334,000 shares at 27.14 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Southern Copper Corp was Downgraded by Morgan Stanley to Underweight on Dec 13, 2016. Southern Copper Corp was Upgraded by Credit Suisse to Neutral on Dec 7, 2016.

Southern Copper Corporation is a mining metallurgical company, producer of copper and valuable by-products.


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