Summary
Southern Copper Corporation (SCCO) announced its financial results for the first quarter ended March 31, 2010, via a press release filed on April 29, 2010. While the specific financial performance metrics (revenue, net income, earnings per share) are not detailed within the provided 8-K text itself, the filing primarily serves to disseminate this earnings announcement and a related dividend declaration. Of significant note to investors is the declaration of a dividend of U.S.$0.45 per share. This dividend is scheduled to be paid on May 25, 2010, to shareholders of record as of the close of business on May 12, 2010. This provides a direct return to shareholders and signals the company's confidence in its financial position.
Key Highlights
- 1Southern Copper Corporation (SCCO) released its Q1 2010 financial results on April 29, 2010.
- 2The company declared a dividend of U.S.$0.45 per share.
- 3The dividend payment date is May 25, 2010.
- 4Shareholders of record as of May 12, 2010, will receive the dividend.
- 5The filing includes a press release detailing the financial results and dividend announcement as Exhibit 99.1.
- 6The information furnished is not deemed "filed" for purposes of Section 18 of the Securities Act of 1934.