Southern Copper posts record Q3 sales and sets dividend per Southern Copper stock
Published on 10/21/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly performance and cash return
- Third-quarter sales reached USD 4.7 billion on October 20, 2026, a quarterly record.
- Net income climbed to USD 1.8 billion, with a 38.40 percent margin in the third quarter of 2026.
- Southern Copper stock traded at EUR 176.48 at 11:04 a.m. CEST at Lang & Schwarz on October 21, 2026.
- The board authorized a USD 1.30 cash dividend per share on October 15, 2026.
Southern Copper posted record third-quarter sales of USD 4,696.6 million on October 20, 2026, while its EUR 176.48 Lang & Schwarz quotation reflected the latest German-market indication. The results showed stronger profitability, but copper production declined 1.10 percent quarter over quarter.
MarketScreener reported that third-quarter net sales rose 39.10 percent from USD 3,377.3 million a year earlier, setting a new quarterly record. Net income increased 62.70 percent to USD 1,801.8 million, and the net income margin expanded to 38.40 percent from 32.80 percent.
Record earnings meet weaker production
Adjusted EBITDA reached USD 3,040.2 million in the third quarter of 2026, up 53.90 percent from USD 1,975.4 million in the year-earlier period. The adjusted EBITDA margin was 64.70 percent, compared with 58.50 percent previously. Operating cash flow rose 42.60 percent to USD 2,224.3 million.
Copper production stood at 232,396 tonnes, down 1.10 percent from the second quarter. The company said lower ore grades reduced output in Peru, while Mexican operations delivered mixed results. That contrast matters because the earnings acceleration came mainly from higher metal prices and sales, rather than broad-based production growth.
What does the dividend mean for returns?
On October 15, 2026, the board authorized a USD 1.30 quarterly cash dividend per common share and a stock dividend of 0.0106 shares per common share. The cash distribution is payable on November 19, 2026, to shareholders of record on November 3, 2026, according to MarketScreener.
Three milestones shaped the year
On July 22, 2026, Southern Copper reported second-quarter revenue of USD 4.29 billion and earnings per share of USD 1.99, according to MarketBeat. On October 15, the board approved the USD 1.30 cash dividend. On October 20, third-quarter sales reached USD 4,696.6 million and net income reached USD 1,801.8 million.
Dates ahead for Southern Copper
Southern Copper scheduled its third-quarter results conference call for October 22, 2026, at 11:00 a.m. EST, as reported by MarketScreener. The dividend record date follows on November 3, 2026, with payment scheduled for November 19, 2026.
Price holds the market focus
Southern Copper operates as an integrated copper producer with mines and processing facilities in Mexico and Peru. Its third-quarter figures show that higher prices and by-product credits supported margins even as mined copper output weakened.
Southern Copper was trading at EUR 176.48 at Lang & Schwarz on October 21, 2026 at 11:04 a.m. CEST. The quote is an intraday indication; no Xetra closing comparison is included because a dated Xetra close could not be established.
The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.
Southern Copper stock facts
- Company: Southern Copper Corporation
- ISIN: US84265V1052
- Ticker: SCCO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 11:04 a.m. CEST): EUR 176.48
- Market capitalization: USD 170.8 billion (as of October 20, 2026)
- Sector / Industry: Basic Materials / Copper
Market context: Market report S&P 500.
