Southern Copper Corporation (SCCO) will increase its quarterly dividend by twenty percent to $0.30 per share in the first quarter of 2018. In 2017 the dividend was hiked by a total of 400 percent.
The new dividend will be paid on February 27, 2018 to shareholders of record on February 13, 2018. The new dividend yield for SCCO is 1.8%.
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.