Summary
Southern Copper Corporation (SCCO) has filed an 8-K report detailing its financial results for the quarter and nine months ended September 30, 2009. While the full financial details are within the attached press release (Exhibit 99.1), a significant announcement is the authorization of a dividend. Specifically, the Board of Directors approved a dividend of U.S.¢18 per share, scheduled to be paid on November 24, 2009, to shareholders of record as of November 5, 2009. This dividend declaration provides direct returns to shareholders, a key consideration for income-focused investors. Investors should refer to the furnished press release for a comprehensive understanding of the company's operational and financial performance during the reporting period.
Key Highlights
- 1Southern Copper Corporation (SCCO) announced financial results for the quarter and nine months ended September 30, 2009.
- 2The company's Board of Directors authorized a dividend payment.
- 3The authorized dividend is U.S.¢18 per share.
- 4The dividend is payable on November 24, 2009.
- 5Shareholders of record as of November 5, 2009, are eligible for the dividend.
- 6The information provided is furnished and not deemed 'filed' under Section 18 of the Securities Act of 1934.