Southern Copper Corp (USA) (NYSE:SCCO)

CAPS Rating: 4 out of 5

The Company is an integrated producer of copper and other minerals, and operates mining, smelting and refining facilities in Peru and Mexico.

Recs

0
Player Avatar niss799 (55.87) Submitted: 2/11/2013 9:31:06 AM : Outperform Start Price: $39.49 SCCO Score: -46.74

Copper is one of the primary minerals needed when industrial construction is growing. As this recession starts to give way to a bull market and construction increases copper will once again climb. SCCO has a dividend of $0.96 with a yield of 2.30%, Good revenue and cash on had, Debt is higher than I would like but the investments in equipment, land and processing mandate this.

Member Avatar DrGoldin (99.69) Submitted: 2/16/2013 8:29:04 PM
Recs: 0

That's 2.3% QUARTERLY. The annual dividend is over 9%, and if there's something to fear with this stock, it's that a dividend cut would send the share price tumbling.

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