Markets
TX

TX Added as Top 5 Metals Channel Dividend Stock With 4.16% Yield

Ternium S A (Symbol: TX) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel , which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, TX shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong annual dividend history at Ternium S A, and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research. ''

The annualized dividend paid by Ternium S A is $1.2/share, currently paid in annual installments, and its most recent dividend has an upcoming ex-date of 05/08/2019. Below is a long-term dividend history chart for TX, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

TX+Dividend+History+Chart

The Top 5 DividendRank'ed Metals Stocks »

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


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

In This Story

TX

Other Topics

Commodities

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More