Southern Copper (NYSE:SCCO – Get Free Report) is projected to issue its quarterly earnings data before the market opens on Friday, February 7th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $2.87 billion for the quarter.
Southern Copper Trading Up 0.2 %
Shares of Southern Copper stock opened at $93.43 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.77 and a quick ratio of 2.31. Southern Copper has a 1 year low of $77.42 and a 1 year high of $129.79. The firm has a market cap of $73.39 billion, a PE ratio of 24.05, a PEG ratio of 1.79 and a beta of 1.13. The company has a 50 day simple moving average of $96.04 and a two-hundred day simple moving average of $102.54.
Southern Copper Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.70 per share. This is an increase from Southern Copper’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, February 10th. This represents a $2.80 dividend on an annualized basis and a yield of 3.00%. Southern Copper’s dividend payout ratio (DPR) is presently 72.09%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis 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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