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    copper investing

    Reasons to be Bullish on Southern Copper Stocks

    Written by Investing News Network
    |
    Mar. 02, 2012 05:22PM PST

    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

    Click here to read the full Seeking Alpha report.

    seeking alphacopper investingnyse:scco
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