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Monday, October 24, 2022

Copper -- For Investors -- October 24, 2022

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Freeport-McMoRan

SCCO:

SCCO: Simply Wall Street. After SCCO's announcement to cut quarterly dividend from 75 cents to 50 cents.

Overall, the dividend looks like it may have been a bit high, which explains why it has now been cut. While we generally think the level of distributions are a bit high, we wouldn't rule it out as becoming a good dividend payer in the future as its earnings are growing healthily. We would be a touch cautious of relying on this stock primarily for the dividend income.

Copper - China: posted earlier this morning by another analyst. Link here

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