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Southern Copper Corp. Message Board

  • wftglo wftglo Mar 29, 2014 11:04 PM Flag

    Dividends

    After holding this stock for over a decade I am getting sick of it's current insignificant and whimsical dividend. I will wait it out until the end of the year and if management does not smarten up and start showing us the money I am going to bail. Got to go where I can get a steady 4% dividend. I still rate it a buy but I don;t know why…..

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • WTFGLO,
      Be patient. We can see another 10-15% price gain this year and when CU goes back up so will the dividend. When the new mine opens ( eventually i hope) at Tio Maria ( or is it Tingo Maria I forget) a big boost in EPS and hopefully dividends will occur. The one big threat I see is the replacement of a lot of copper by fiber optics but some things just need a lot of copper and those are important things.GLL

      Ken

      Sentiment: Hold

 
SCCO
29.77-0.14(-0.47%)Feb 27 4:00 PMEST

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