Ternium S.A. Approves Annual Dividend, Payable on May 14, 2025
Published on 05/06/2025 at 16:19
Share
Ternium S.A. at its annual general meeting of shareholders and its extraordinary general meeting of shareholders held on May 6, 2025 approved annual dividend of $0.27 per share ($2.70 per ADS). The annual dividend includes the interim dividend of $0.09 per share ($0.90 per ADS) paid in November 2024. A net dividend of $0.18 per share ($1.80 per ADS) will be paid on May 14, 2025, to all shareholders of record as of May 9, 2025.
Ternium S.A. is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products, and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region, and Other Markets. In the steel segment, steel products include slabs, billets, and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. In the mining segment, iron ore is sold as concentrates (fines) and pellets.