On May 15, 2018 Ternium SA shareholders will receive $1.10 dividend

May 3, 2018 - By Gregory Tomko

Ternium S.A. (NYSE:TX) Corporate Logo

Shareholders are waiting $1.10 dividend by Ternium SA (NYSE:TX) to be distributed on May 15, 2018, Faxor reports. The dividend ex-date is May 4, 2018. The Ternium SA’s price is $39.68, based on which the dividend is 2.77 %. Mar 13, 2018 was the announcement date and May 7, 2018 is the record date. TX hit $39.68 during the last trading session after $0.87 change.Ternium S.A. is uptrending after having risen 22.18% since May 3, 2017. TX has 488,128 volume or 37.64% up from normal. TX outperformed the S&P 500 by 10.63%.

Ternium S.A. manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the United States, Central America, and internationally.The firm is valued at $7.79 billion. The firm operates in two divisions, Steel and Mining.8.79 is the P/E ratio. The Steel segment offers steel products, such as slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets, pre-painted sheets, steel pipes and tubular products, beams, roll formed products, and other products.

Ternium S.A. (NYSE:TX) Ratings Coverage

In total 2 analysts cover Ternium (NYSE:TX). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NYSE:TX) has 100% bullish analysts. With $4700 highest and $43.0 lowest target price, Ternium has $47 average target price or 18.45% above the current ($39.68) price. 3 are the (NYSE:TX)’s ratings reports on 3 May 2018 according to StockzIntelligence Inc. On Thursday, April 19 the rating was maintained by Scotia Capital with “Buy”. On Wednesday, December 6 Morgan Stanley upgraded the shares of TX in report to “Overweight” rating. On Thursday, February 8 Scotia Capital maintained the shares of TX in report with “Buy” rating.

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