Southern Copper Corporation (NYSE:SCCO) Updates On Quarterly Dividend


As per Southern Copper Corporation (NYSE:SCCO) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.05 per share as dividend to stakeholders. The record date is set as 2016-08-11, the payout date as 2016-08-25 and the ex-dividend date is 2016-08-09.

Last fiscal Southern Copper Corporation (NYSE:SCCO) disbursed cash dividend of $0.05. A year ago, the payout was $0.05, which indicates a difference of -26.087%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.05, implying -30.4393% growth.

For the period ended on 2015-12-31, Southern Copper Corporation (NYSE:SCCO)’s earnings came at $0.29 per share compared to EPS of $0.12 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.29 per share.

The interim price target for Southern Copper Corporation (NYSE:SCCO) is set at $30.762. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Southern Copper Corporation (NYSE:SCCO) is seen at $38 and the lowest level is established at $28. This broad range highlights a standard deviation of $3.4 in reported estimates.

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