
Ternium S.A.
TXBasic Materials · Steel · Stock · semiannual payer
Forward Yield
4.07%
Annual Dividend
$2.20
Payout Ratio
61%
5-Yr Growth
—
Ex-Date
May 14, 2026
Frequency
Semiannual
Key facts about TX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Ternium S.A. (TX) has a forward dividend yield of 4.07%, based on an annual dividend of $2.20 per share and a share price of $54.06.
- As of Oct 27, 2026, TX's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Ternium S.A. (TX) has raised its dividend for 3 consecutive years as of Oct 27, 2026.
- TX last cut its regular dividend in 2021.
- TX's most recent ex-dividend date was May 14, 2026, for a dividend of $1.30 per share.
- As of Oct 27, 2026, TX pays out 61% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 27, 2026, TX's 4.07% yield is 43% below its five-year average yield of 7.14%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for TX is $73.42 per share, 36% above the $54.06 share price, so TX screens as undervalued.
- Ternium S.A. (TX) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "TX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/TX
Summary
As of Oct 27, 2026, Ternium S.A. (TX) yields 4.07% ($2.20 a year per share), has a dividend safety grade of C (57/100) and has 3 consecutive years of dividend increases on record.
Is TX a good dividend stock?
MixedTernium S.A. (TX) pays a semiannual dividend yielding 4.07% ($2.20/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 47% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 4.07%
- Payout Ratio
- 61%
- Annual Dividend
- $2.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 14, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 1.09
- Market Cap
- $10.6B
- P/E Ratio
- 16.0
- 5-Yr Total Return
- 47%
- 52-Week Range
- $33.01 – $60.21
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2021)
TX dividend changes
Ternium S.A. (TX) pays a variable dividend: across the 22 payments on record since 2007, 11 were higher than the one before and 4 lower. The latest change was up 44.4% to $1.30 per share, going ex-dividend on May 14, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 14, 2026 | Higher | $0.900 → $1.30 | +44.4% |
| May 9, 2025 | Higher | $1.10 → $1.80 | +63.6% |
| Nov 18, 2024 | Lower | $1.80 → $0.900 | −50.0% |
| Nov 10, 2023 | Higher | $0.900 → $1.10 | +22.2% |
| May 4, 2023 | Higher | $0.800 → $1.80 | +125.0% |
| Nov 14, 2022 | Lower | $1.20 → $0.900 | −25.0% |
| Nov 12, 2021 | Lower | $1.10 → $0.800 | −27.3% |
| May 8, 2019 | Higher | $1.00 → $1.20 | +20.0% |
| May 4, 2018 | Higher | $0.900 → $1.10 | +22.2% |
| May 5, 2017 | Higher | $0.900 → $1.00 | +11.1% |
| May 6, 2016 | Higher | $0.750 → $0.900 | +20.0% |
| May 8, 2015 | Higher | $0.650 → $0.900 | +38.5% |
Frequently Asked Questions
Is TX a good dividend stock?
Mixed. Ternium S.A. (TX) pays a semiannual dividend yielding 4.07% ($2.20/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is TX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TX's fair value is about $73.42 versus a $54.06 share price — so it looks undervalued (+36% vs. fair value).
Is TX's dividend safe?
TX has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2021, debt and yield-versus-history.
What is TX's fair value?
Our blended fair-value estimate for TX is about $73.42 per share, roughly 36% above the current $54.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TX a buy, hold, or sell?
We don't issue formal ratings, but on the data TX screens as "mixed" and undervalued. Ternium S.A. (TX) pays a semiannual dividend yielding 4.07% ($2.20/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will TX cut its dividend?
TX earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TX pay a dividend?
Yes. Ternium S.A. pays a semiannual dividend of about $2.20 per share annually, a forward yield of roughly 4.07%.
What is TX's dividend yield?
As of Oct 27, 2026, TX's forward dividend yield is 4.07%, based on a $2.20 annual dividend and a $54.06 share price.
What is TX's dividend per share?
As of Oct 27, 2026, TX pays $2.20 per share per year, distributed on a semiannual basis.
What is TX's dividend payout ratio?
As of Oct 27, 2026, TX's payout ratio is 61% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has TX grown its dividend?
As of Oct 27, 2026, TX has increased its dividend for 3 consecutive years.
When is the next TX ex-dividend date?
As of Oct 27, 2026, TX's next ex-dividend date hasn't been announced. The most recent was May 14, 2026, for $1.30 per share.
TX Price — Last 12 Months
Daily close
Price Return
1 Year
+52%
3 Years
+42%
5 Years
+47%
52-Week Range
$33.01 – $60.21
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TX worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Ternium S.A. is $73.42 per share, versus a market price of $54.06. That implies 36% of upside — a margin of safety of about 26%.
Fair Value
$73.42
Current Price
$54.06
Upside
+36%
Margin of Safety
26%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -2.9% annual free-cash-flow growth. We model 7.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.8% discount rate (CAPM), 7.0% growth for five years fading to 2.5% over the next five, $3.38 EPS, $2.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TX Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | May 20, 2026 | $1.3000 | regular |
| May 9, 2025 | May 19, 2025 | $1.8000 | regular |
| Nov 18, 2024 | Nov 26, 2024 | $0.9000 | regular |
| May 2, 2024 | May 13, 2024 | $2.2000 | regular |
| Nov 10, 2023 | Nov 21, 2023 | $1.1000 | regular |
| May 4, 2023 | May 15, 2023 | $1.8000 | regular |
| Nov 14, 2022 | Nov 22, 2022 | $0.9000 | regular |
| May 5, 2022 | May 16, 2022 | $1.8000 | regular |
| Nov 12, 2021 | Nov 19, 2021 | $0.8000 | regular |
| May 5, 2021 | May 14, 2021 | $2.1000 | regular |
| May 8, 2019 | May 17, 2019 | $1.2000 | regular |
| May 4, 2018 | May 15, 2018 | $1.1000 | regular |
| May 5, 2017 | May 19, 2017 | $1.0000 | regular |
| May 6, 2016 | May 16, 2016 | $0.9000 | regular |
Income Calculator
At $2.20 / yr per share
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