Ex-Div Reminder for Southern Copper

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Looking at the universe of stocks we cover at Dividend Channel , on 5/8/18, Southern Copper Corp (Symbol: SCCO) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 5/23/18. As a percentage of SCCO's recent stock price of $51.63, this dividend works out to approximately 0.58%, so look for shares of Southern Copper Corp to trade 0.58% lower - all else being equal - when SCCO shares open for trading on 5/8/18.


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SCCO is likely to continue, and whether the current estimated yield of 2.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SCCO shares, versus its 200 day moving average:

Southern Copper Corp 200 Day Moving Average Chart

Looking at the chart above, SCCO's low point in its 52 week range is $32.97 per share, with $58.09 as the 52 week high point - that compares with a last trade of $51.52.

According to the ETF Finder at ETF Channel, SCCO makes up 13.49% of the iShares MSCI Peru ETF (Symbol: EPU) which is trading up by about 0.3% on the day Friday.

In Friday trading, Southern Copper Corp shares are currently down about 0.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen ┬╗

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: SCCO , EPU

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