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TX - Ternium: Growth Story With Attractive 5.5% Dividend
Ternium S.A. American Depositary Shares
The company's revenue showed an increase of 43.1% compared to Q1 2020 and exceeded analysts' expectations.
Ternium shares have a unique opportunity to reach $45 soon due to rapid growth in prices for steel products and the upcoming launch of a new hot-rolling mill in Pesqueria.
The company offers an attractive dividend yield of 5.46% with future plans for expansion.