Summary
Southern Copper Corporation (SCCO) filed an 8-K on February 3, 2011, to report its financial results for the quarter and full year ended December 31, 2010. The filing primarily serves to disseminate the information contained in a press release issued on February 2, 2011. Investors would look to this release for key performance indicators and an update on the company's financial condition. Crucially, the press release announced a quarterly dividend of U.S. $0.58 per share, payable on March 1, 2011, to shareholders of record on February 15, 2011. This demonstrates a commitment to returning capital to shareholders and is a significant piece of information for income-focused investors. The filing also includes the press release as an exhibit, making the detailed financial results readily accessible.
Key Highlights
- 1SCCO filed an 8-K on February 3, 2011, reporting financial results for the period ending December 31, 2010.
- 2The filing includes a press release dated February 2, 2011, announcing the financial results.
- 3A dividend of U.S. $0.58 per share was authorized by the Board of Directors on January 27, 2011.
- 4The dividend is payable on March 1, 2011.
- 5Shareholders of record as of the close of business on February 15, 2011, will receive the dividend.
- 6The press release announcing these results is attached as Exhibit 99.1.
- 7Information furnished under Item 2.02 is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.