Summary
Southern Copper Corporation (SCCO) filed an 8-K report on July 29, 2010, to announce its financial results for the second quarter ended June 30, 2010, and a related dividend declaration. The report highlights the company's operational and financial performance during the quarter. This filing is crucial for investors seeking to understand the company's profitability and its commitment to returning value to shareholders through dividends.
Key Highlights
- 1Southern Copper Corporation announced its financial results for the quarter ended June 30, 2010, via an 8-K filing.
- 2The company's Board of Directors authorized a dividend of U.S. $0.37 per share.
- 3The dividend is scheduled to be paid on August 25, 2010.
- 4Shareholders of record as of the close of business on August 12, 2010, will be eligible to receive the dividend.
- 5The information was disseminated through a press release issued on July 28, 2010, and attached as an exhibit.
- 6This filing serves to inform investors about the company's recent financial performance and its dividend policy.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly announce Southern Copper Corporation's financial results for the quarter ended June 30, 2010, and to disclose the declaration of a cash dividend.
Southern Copper Corporation's Board of Directors authorized a dividend of U.S. $0.37 per share. This dividend is payable on August 25, 2010.
Shareholders who are on record with Southern Copper Corporation at the close of business on August 12, 2010, will be eligible to receive the U.S. $0.37 per share dividend.
This 8-K filing primarily announces the results and dividend, referencing a press release (Exhibit 99.1) which contains the summarized financial information. Detailed financial statements would typically be found in a subsequent quarterly (10-Q) or annual (10-K) report.