Ternium S.A.
TXBasic Materials · Stock · semiannual payer
Forward Yield
4.92%
Annual Dividend
$2.20
Payout Ratio
90%
5-Yr Growth
—
Ex-Date
May 14, 2026
Frequency
Semiannual
Summary
As of July 2026, Ternium S.A. (TX) yields 4.92% ($2.20 per share annually), with a blended fair-value estimate of $69.34 — +55% upside, so it screens as undervalued. Dividend safety grade: C (53/100). 3 years of dividend growth.
Is TX a good dividend stock?
MixedTernium S.A. (TX) pays a semiannual dividend yielding 4.92% ($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
Risks
- Cut its dividend in 2021
- Elevated payout ratio (90%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.92%
- Payout Ratio
- 90%
- Annual Dividend
- $2.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 14, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 1.22
- Market Cap
- $8.7B
- P/E Ratio
- 14.9
- 5-Yr Total Return
- -18%
- 52-Week Range
- $29.98 – $51.73
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
TX Price — Last 12 Months
Daily close
Price Return
1 Year
+35%
3 Years
+7%
5 Years
-18%
52-Week Range
$29.98 – $51.73
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 $69.34 per share, versus a market price of $44.70. That implies 55% of upside — a margin of safety of about 36%.
Fair Value
$69.34
Current Price
$44.70
Upside
+55%
Margin of Safety
36%
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 -10.0% annual free-cash-flow growth. We model 8.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.4% discount rate (CAPM), 8.2% stage-1 growth, 2.5% terminal growth, $3.00 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $1.3000 | regular |
| May 9, 2025 | — | $1.8000 | regular |
| Nov 18, 2024 | — | $0.9000 | regular |
| May 2, 2024 | — | $2.2000 | regular |
| Nov 10, 2023 | — | $1.1000 | regular |
| May 4, 2023 | — | $1.8000 | regular |
| Nov 14, 2022 | — | $0.9000 | regular |
| May 5, 2022 | — | $1.8000 | regular |
| Nov 12, 2021 | — | $0.8000 | regular |
| May 5, 2021 | — | $2.1000 | regular |
| May 8, 2019 | — | $1.2000 | regular |
| May 4, 2018 | — | $1.1000 | regular |
| May 5, 2017 | — | $1.0000 | regular |
| May 6, 2016 | — | $0.9000 | regular |
Income Calculator
At $2.20 / yr per share
