Southern Copper reports record Q3 2026 sales and profit with strong dividend
Southern Copper announced third‑quarter 2026 results with net sales of $4,696.6 million, up 39.1% year‑over‑year, and net income of $1,801.8 million, up 62.7% year‑over‑year. Adjusted EBITDA reached a record $3,040.2 million. The company declared a cash dividend of $1.30 per share and a 0.0106‑share stock dividend, and spent $515.8 million on capital projects during the quarter.
Why it matters
The company’s earnings beat expectations, delivering $2.15 earnings per share versus the $2.00 consensus, which may support the stock’s recent rally. The higher dividend and robust cash flow could attract income‑focused investors and sustain demand for the shares.
Key facts
- 1Net sales were $4,696.6 million in Q3 2026, a 39.1% increase year‑over‑year. tradingview.com
- 2Net income attributable to Southern Copper was $1,801.8 million in Q3 2026, a 62.7% increase year‑over‑year. tradingview.com
- 3Adjusted EBITDA reached $3,040.2 million in Q3 2026. tradingview.com
- 4The company announced a cash dividend of $1.30 per share payable November 19 2026. tradingview.com
- 5A stock dividend of 0.0106 shares per share was also declared. tradingview.com
- 6Capital expenditures totaled $515.8 million in the quarter. tradingview.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.