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Ex-Dividend Reminder: Southern Copper, PPG Industries and Ternium

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Looking at the universe of stocks we cover at Dividend Channel, on 5/6/16, Southern Copper Corp (NYSE: SCCO), PPG Industries Inc (NYSE: PPG), and Ternium S A (NYSE: TX) will all trade ex-dividend for their respective upcoming dividends. Southern Copper Corp will pay its quarterly dividend of $0.05 on 5/24/16, PPG Industries Inc will pay its quarterly dividend of $0.40 on 6/10/16, and Ternium S A will pay its annual dividend of $0.90 on 5/16/16.

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As a percentage of SCCO's recent stock price of $29.01, this dividend works out to approximately 0.17%, so look for shares of Southern Copper Corp to trade 0.17% lower — all else being equal — when SCCO shares open for trading on 5/6/16. Similarly, investors should look for PPG to open 0.37% lower in price and for TX to open 4.69% lower, all else being equal.

Below are dividend history charts for SCCO, PPG, and TX, showing historical dividends prior to the most recent ones declared.

Southern Copper Corp (NYSE: SCCO):

PPG Industries Inc (NYSE: PPG):

Ternium S A (NYSE: TX):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.69% for Southern Copper Corp, 1.48% for PPG Industries Inc, and 4.69% for Ternium S A.


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In Wednesday trading, Southern Copper Corp shares are currently up about 0.3%, PPG Industries Inc shares are down about 1.1%, and Ternium S A shares are up about 0.1% on the day.