Southern Copper stock enters dividend payment phase after record quarter

Southern Copper Corporation has moved beyond the November 3 record date for its latest shareholder distribution, with payment to eligible holders scheduled for November 19. The company also reported record third-quarter sales and net income, keeping operating performance central to the investment case.

Southern Copper stock traded at 157.63 euros on Lang & Schwarz at 16:34 CET on Wednesday, November 4, 2026. That was 1.81 percent below the 160.53 euros cited at 14:00 CET in the latest relevant report on the same day, a separate comparison from any Xetra closing-price movement. Investors can follow the real-time quote of Southern Copper stock.

Record quarter supports shareholder returns

Southern Copper reported third-quarter sales of 4,696.6 million US dollars, up 39.1 percent from the year-earlier period. Net income attributable to the company reached 1,801.8 million US dollars, while adjusted EBITDA rose 53.9 percent to 3,040.2 million US dollars. The adjusted EBITDA margin expanded to 64.7 percent from 58.5 percent.

Cash generated from operations increased 42.6 percent year over year to 2,224.3 million US dollars in the quarter. The stronger cash generation supports the shareholder distribution, although mined copper production fell 1.1 percent to 232,396 tonnes because of lower grades at Peruvian operations.

Projects shape future copper output

Southern Copper said Tia Maria was half complete in October and remained on track to begin operations in the first half of 2028. The project is expected to produce 120,000 tonnes of copper a year in its early years. Early site work also began at El Pilar in September, with production targeted for the second half of 2029 and an estimated capital budget of 551 million US dollars.

The two projects are intended to add about 156,000 tonnes of refined copper to annual production. Their contribution depends on continued capital spending and execution, while the recent decline in mined copper output remains a near-term operating consideration.

Payment date remains next milestone

Shareholders of record at the close of business on November 3 are scheduled to receive a quarterly cash dividend of 1.30 US dollars per common share and 0.0106 common shares per common share on November 19. Cash will replace fractional shares, using a 197.83 US dollar reference share price based on the October 15 average of the high and low prices.

Southern Copper's corporate website describes the company as an integrated producer of copper and other metals with operations in Peru and Mexico. The company lists copper, molybdenum, silver and zinc among its main products.

The S&P 500 remains the relevant market backdrop for this New York Stock Exchange-listed company; see Current market reports.

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