Reasons to be Bullish on Southern Copper Stocks

Base Metals Investing

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.

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