Best Copper Dividend Stocks - For Big Profits in 2024
Copper dividend stocks offer a unique opportunity for investors looking to tap into both steady income and long-term growth. As one of the most widely used metals in the world, copper plays a critical role in numerous industries, from construction and infrastructure to electronics and renewable energy. The growing demand for copper, driven by global urbanization and the shift towards green technologies like electric vehicles and solar power, makes it an exciting sector for investment. In this post, we'll explore some of the top copper dividend stocks that can provide not only reliable dividends but also exposure to one of the most essential materials for the future economy.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Freeport-McMoRan | 1.56% | 44.74% | 35.65% | 3.96% | 0.11% | 31.95% | 0.00% |
| Southern Copper | 2.13% | 78.70% | 31.96% | 10.35% | 0.35% | 23.05% | 19.24% |
| BHP | 5.16% | 97.14% | 18.25% | 3.20% | 0.18% | 15.32% | 4.22% |
| Rio Tinto | 6.64% | 63.95% | 9.98% | 1.93% | 0.20% | 5.54% | 8.49% |
| Teck Resources | 1.74% | 17.61% | 24.36% | 1.35% | 0.05% | 27.71% | -2.02% |
| Lundin Mining | 2.58% | 119.53% | 46.80% | 1.61% | 0.03% | 23.70% | 0.00% |
| Hudbay Minerals | 0.16% | 6.30% | 42.33% | 1.39% | 0.04% | -0.75% | -18.21% |
| Amerigo Resources | 9.05% | 120.48% | 17.77% | 1.92% | 0.11% | 0.00% | 0.00% |
| Central Asia Metals | 8.88% | 99.44% | 10.88% | 1.17% | 0.11% | 4.79% | 7.91% |
| Elvalhalcor Hellenic Copper and Aluminium Industry | 2.16% | 192.46% | 29.62% | 0.73% | 0.02% | 0.00% | 0.00% |
| KGHM Polska Miedz | 1.88% | -6.62% | -10.57% | 1.09% | -0.10% | 0.00% | 0.00% |
| Atalaya Mining | 0.00% | 32.81% | 17.78% | 1.20% | 0.07% | 0.00% | 0.00% |