Southern Copper Corporation (SCCO) will increase its quarterly dividend by 78.6 percent to $0.25 per share. This marks the fourth dividend hike this year by the copper producer.
The new dividend will be paid on November 22, 2017 to shareholders of record on November 8, 2017.
Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. The company has operations in Peru and Mexico.