Ex-Div Reminder for Southern Copper

Shutterstock photo

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 ยป

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

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?