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 and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Southern Copper Dividend Announcement
• Southern Copper announced a quarterly dividend of $0.70 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-06
• Southern Copper annual dividend for 2024 was $2.09
• Southern Copper annual dividend for 2023 was $4.01
• Southern Copper's trailing twelve-month (TTM) dividend yield is 1.98%
• Southern Copper's payout ratio for the trailing twelve months (TTM) is 61.44%
• Southern Copper's dividend growth over the last five years (2018-2023) was 23.43% year
• Southern Copper's dividend growth over the last ten years (2013-2023) was 19.42% year
Southern Copper Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-06 | $0.70 | quarterly | 2024-11-21 |
| 2024-08-09 | $0.59 | quarterly | 2024-05-23 |
| 2024-02-12 | $0.80 | quarterly | 2024-02-29 |
| 2023-11-07 | $1.00 | quarterly | 2023-11-22 |
| 2023-08-08 | $1.01 | quarterly | 2023-08-23 |
| 2023-05-08 | $1.01 | quarterly | 2023-05-23 |
| 2023-02-13 | $1.00 | quarterly | 2023-03-01 |
| 2022-11-08 | $0.50 | quarterly | 2022-11-23 |
| 2022-08-10 | $0.75 | quarterly | 2022-08-25 |
| 2022-05-16 | $1.25 | quarterly | 2022-05-31 |
| 2022-02-14 | $1.00 | quarterly | 2022-03-02 |
| 2021-11-09 | $1.00 | quarterly | 2021-11-23 |
| 2021-08-11 | $0.90 | quarterly | 2021-08-26 |
| 2021-05-10 | $0.70 | quarterly | 2021-05-25 |
| 2021-02-09 | $0.60 | quarterly | 2021-02-24 |
| 2020-11-09 | $0.50 | quarterly | 2020-11-24 |
| 2020-08-11 | $0.40 | quarterly | 2020-08-25 |
| 2020-05-12 | $0.20 | quarterly | 2020-05-26 |
| 2020-03-09 | $0.40 | quarterly | 2020-03-24 |
| 2019-11-06 | $0.40 | quarterly | 2019-11-21 |
| 2019-08-07 | $0.40 | quarterly | 2019-08-22 |
| 2019-05-02 | $0.40 | quarterly | 2019-05-17 |
| 2019-02-08 | $0.45 | quarterly | 2019-02-26 |
| 2018-11-06 | $0.40 | quarterly | 2018-11-21 |
| 2018-08-07 | $0.40 | quarterly | 2018-08-21 |
| 2018-05-08 | $0.30 | quarterly | 2018-05-23 |
| 2018-02-12 | $0.30 | quarterly | 2018-02-27 |
| 2017-11-07 | $0.25 | quarterly | 2017-11-22 |
| 2017-08-07 | $0.14 | quarterly | 2017-08-23 |
| 2017-05-15 | $0.12 | quarterly | 2017-05-31 |
| 2017-02-10 | $0.08 | quarterly | 2017-02-28 |
| 2016-11-07 | $0.05 | quarterly | 2016-11-29 |
| 2016-08-09 | $0.05 | quarterly | 2016-08-25 |
| 2016-05-06 | $0.05 | quarterly | 2016-05-24 |
| 2016-02-11 | $0.03 | quarterly | 2016-03-01 |
| 2015-11-06 | $0.04 | quarterly | 2015-11-24 |
| 2015-08-11 | $0.10 | quarterly | 2015-08-27 |
| 2015-05-11 | $0.10 | quarterly | 2015-05-27 |
| 2015-02-12 | $0.10 | quarterly | 2015-03-03 |
| 2014-11-06 | $0.12 | quarterly | 2014-11-25 |
| 2014-08-13 | $0.12 | quarterly | 2014-08-28 |
| 2014-05-22 | $0.10 | quarterly | 2014-06-10 |
| 2014-02-13 | $0.12 | quarterly | 2014-03-04 |
| 2013-11-05 | $0.12 | quarterly | 2013-11-21 |
| 2013-08-05 | $0.12 | quarterly | 2013-08-20 |
| 2013-05-06 | $0.20 | quarterly | 2013-05-21 |
| 2013-02-11 | $0.24 | quarterly | 2013-02-26 |
Southern Copper Dividend per year
Southern Copper Dividend growth
Southern Copper Dividend Yield
Southern Copper current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Southern Copper stock? Use our calculator to estimate your expected dividend yield:
Southern Copper Financial Ratios
P/E ratio27.12
PEG ratio1.41
P/B ratio9.20
ROE37.41%
Payout ratio61.44%
Current ratio2.77
Quick ratio2.31
Cash Ratio1.24
Southern Copper Dividend FAQ
How much is the next Southern Copper dividend?
Southern Copper's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Southern Copper dividend. The next Southern Copper dividend will be released in February, May, August, or November.
When is Southern Copper dividend paid?
Southern Copper pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Southern Copper pay?
The specific amount of Southern Copper dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southern Copper's dividend history.
Does Southern Copper stock pay dividends?
Yes, Southern Copper does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southern Copper's dividend history.
How much dividend does Southern Copper pay?
Southern Copper paid $2.093 in 2024, $4.01 in 2023, $3.5 in 2022, $3.2 in 2021, and $1.5 in 2020.
How often does Southern Copper pay dividends?
Southern Copper typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Southern Copper's dividend yield?
The current dividend yield for Southern Copper is 1.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Southern Copper's exact dividend yield.
When does Southern Copper go ex dividend?
Southern Copper's ex-dividend date for the latest dividend was on 2024-11-06. Southern Copper typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Southern Copper dividend paid?
Southern Copper pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Southern Copper increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Southern Copper will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Southern Copper dividend per share?
Southern Copper paid $2.093 per share in 2024 and $4.01 per share in 2023. The amount of dividend per share that Southern Copper pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Southern Copper a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Southern Copper a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Southern Copper a dividend stock?
Yes, Southern Copper is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Southern Copper a good dividend stock?
Whether Southern Copper is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Southern Copper has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Southern Copper as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Southern Copper as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Southern Copper pay dividends monthly?
Southern Copper typically pays dividends on a quarterly basis.
Does Southern Copper pay dividends quarterly?
Southern Copper currently pays dividends on a quarterly basis.
Has Southern Copper ever paid a dividend?
Yes, Southern Copper has a history of paying dividends to its shareholders. Southern Copper is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Southern Copper dividend stocks?
To buy Southern Copper you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Southern Copper stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Southern Copper stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Southern Copper pay dividends 2024?
Southern Copper pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Southern Copper increase its dividend in 2024?
Decisions regarding Southern Copper dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Southern Copper dividend overview you can look into the above table of dividend history.
How Southern Copper dividend works?
The Southern Copper dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Southern Copper's dividend process works:
1. Determination of Dividend: Southern Copper's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Southern Copper publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Southern Copper distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Southern Copper are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Southern Copper's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Southern Copper publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Southern Copper distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Southern Copper are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Southern Copper dividends paid?
Southern Copper dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Southern Copper sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Southern Copper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Southern Copper declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Southern Copper sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Southern Copper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Southern Copper declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Southern Copper pay dividends?
Southern Copper typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Southern Copper pay dividends?
The general pattern is that Southern Copper pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Southern Copper dividend safe?
The safety of Southern Copper's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Southern Copper's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Southern Copper's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Southern Copper's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Southern Copper's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.