Southern Copper Stock To Go Ex-dividend Monday (SCCO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Southern Copper Corporation (NYSE: SCCO) is Monday, May 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $33.90 as of 9:31 a.m. ET, the dividend yield is 10.4%.

The average volume for Southern Copper has been two million shares per day over the past 30 days. Southern Copper has a market cap of $27.91 billion and is part of the basic materials sector and metals & mining industry. Shares are down 12.8% year to date as of the close of trading on Thursday.

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Southern Copper as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Southern Copper Ratings Report.

See our dividend calendar or top-yielding stocks list.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Southern Copper Is Headed North

Is Dr. Copper Signaling a Recession That Could Pound Stocks?

Bullish and Bearish Reversals for This Week

Analysts' Actions -- Time Warner, Cree, Dynegy, Autoliv and More