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Friday, January 7, 2022

SCCO Recently Raised Its Quarterly Dividend -- January 7, 2022

SCCO recently increased its quarterly dividend.

Note how frequently SCCO has been raising its quarterly dividend. 

From this link less than a month ago: SCCO added as top 5 metals channel dividend with 7.01% yield, December 16, 2021.

Southern Copper Corp has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, SCCO shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Southern Copper Corp, and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''

The annualized dividend paid by Southern Copper Corp is $4/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/09/2021. Below is a long-term dividend history chart for SCCO, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

Disclaimer: this is the third major change in the blog for 2022 -- an increased emphasis on publicly traded companies I follow for a number of reasons. I may or may not hold positions in any of the companies I highlight. But the companies all have something in common: they help me better understand "energy" in general, and the Bakken, specifically.

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