This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 High-Yield Stocks Ready to Boost Dividends

Southern Copper

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Southern Copper (SCCO - Get Report) may not be every income investor's first choice in a dividend stock -- but that's exactly why you should be paying attention to it.

The $25 billion miner lays claim to the world's largest copper reserves, at 146 billion pounds. Southern Copper also owns molybdenum and zinc reserves, the former giving SCCO minor exposure to rare earths. Copper has been the base metal equivalent of gold in the last few years, and Southern's margins show it -- the firm owns Mexican and Peruvian mines that are able to yank copper out of the ground at rock bottom costs, and as a result, it earns net margins approaching 35%.

Because around 80% of SCCO is owned by conglomerate Grupo Mexico, the firm is more conscious of shareholder returns than most, resulting in a payout ratio of approximately 80%. While profit volatility and currency translation has made SCCO's dividend fluctuate more than most, I think that the 6.98% yield is due for a boost (believe it or not).

A double-digit rally in copper prices in the last six months should fuel that dividend hike.

Southern Copper shows up on a recent list of 3 Natural Resource Stocks Yielding Up to 11%.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
DUK $72.37 -0.62%
GRMN $36.88 -0.19%
MCHP $46.08 -0.43%
MO $57.62 0.28%
SCCO $29.44 -1.30%


Chart of I:DJI
DOW 17,114.28 -17.58 -0.10%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,808.8240 -29.8190 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs