Southern Copper (BUE:SCCO) Dividend Payout Ratio : 0.43 (As of Dec. 2023)

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What is Southern Copper Dividend Payout Ratio?

Southern Copper's dividend payout ratio for the months ended in Dec. 2023 was 0.43.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Copper Corp is 1.27, which seems too high.

The historical rank and industry rank for Southern Copper's Dividend Payout Ratio or its related term are showing as below:

BUE:SCCO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.71 Max: 1.27
Current: 0.33

During the past 13 years, the highest Dividend Payout Ratio of Southern Copper was 1.27. The lowest was 0.18. And the median was 0.71.

BUE:SCCO's Dividend Payout Ratio is ranked worse than
89.66% of 261 companies
in the Metals & Mining industry
Industry Median: 0.42 vs BUE:SCCO: 0.33

As of today (2024-04-26), the Dividend Yield % of Southern Copper is 1.42%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Southern Copper was 13.61%. The lowest was 0.47%. And the median was 2.94%.

Southern Copper's Dividends per Share for the months ended in Dec. 2023 was ARS180.50.

During the past 12 months, Southern Copper's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 30.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southern Copper was 162.90% per year. The lowest was -54.90% per year. And the median was 22.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Southern Copper Dividend Payout Ratio Historical Data

The historical data trend for Southern Copper's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southern Copper Dividend Payout Ratio Chart

Southern Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.16

0.18

0.26

0.32

Southern Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.11	0.24	0.35	0.31	0.43

Competitive Comparison of Southern Copper's Dividend Payout Ratio

For the Copper subindustry, Southern Copper's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Southern Copper's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Copper's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Southern Copper's Dividend Payout Ratio falls into.

Southern Copper Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Southern Copper's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	722	/	2267.08
	=	0.32

Southern Copper's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	180.5	/	418.76
	=	0.43

Southern Copper (BUE:SCCO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Southern Copper Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Southern Copper's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Copper (BUE:SCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Copper Corp (BUE:SCCO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SCCO:USA SCCO:Peru SCCO:Mexico PCU:Germany

Address

7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020

Website

https://www.southerncoppercorp.com

Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.