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home / news releases / TX - Ternium: Confirming Its Cash Cow Status Paying A 6.5% Dividend


TX - Ternium: Confirming Its Cash Cow Status Paying A 6.5% Dividend

  • Ternium is a steel producer focusing on South America and Mexico. The latter accounts for half its revenue.
  • Thanks to the high steel price, the Q1 result was exceptional with a free cash flow in excess of $4 per ADS.
  • Ternium is guiding for an even stronger Q2 result (but that was before the recent meltdown).
  • The main question is related to the steel market: How long will the boom last?

For further details see:

Ternium: Confirming Its Cash Cow Status, Paying A 6.5% Dividend
Stock Information

Company Name: Ternium S.A. American Depositary Shares
Stock Symbol: TX
Market: NYSE
Website: ternium.com

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