Southern Copper cuts dividend by 17%

-
Southern Copper (NYSE: SCCO) will lower its quarterly dividend from $0.12 to $0.10 per share.

The dividend has been cut several times the last couple of years. Last year Southern Copper cut its dividend from $0.20 to $0.12 per share.

Popular posts from this blog

The 10 biggest dividend cuts in the USA for 2024

-
Image
Dividend cuts can signal a company's financial difficulties or a strategic shift in resource allocation. Here, we highlight the 10 companies in the USA with the largest dividend cuts in 2024 so far. Included are their dividend cuts, yields, year-to-date (YTD) stock performance, and latest stock prices, along with a brief description of their business activities. The two biggest cuts include two former dividend aristocrats : 3M (MMM) and Walgreens Boots Alliance (WBA).
Read more