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Seeking Alpha analyzed stocks of Southern Copper Corp. (NYSE:SCCO) and reported the reasons to be bullish on the stock.
Seeking Alpha analyzed stocks of Southern Copper Corp. (NYSE:SCCO) and reported the reasons to be bullish on the stock.
As quoted in the market news:
Reasons to be bullish on Southern Copper
- A good five-year dividend average of 6.2%
- A strong three-year dividend growth rate of 83%
- At 92% the payout ratio is rather high, but the operating cash flow is more than enough to cover dividend payments.
- A very strong interest coverage ratio of 19.38
