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TX - Ternium: Confirming Its Cash Cow Status Paying A 6.5% Dividend
May, 09 2022 12:20 PM
Ternium S.A. American Depositary Shares
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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