What is the main financial news from this SCCO 8-K filing?

The main financial news is the authorization of a cash dividend of U.S.¢70 per share by Southern Copper Corporation's Board of Directors.

When will the dividend be paid and who is eligible?

The dividend will be paid on November 29, 2011, to shareholders who are of record at the close of business on November 16, 2011.

Does this filing provide detailed financial results for the quarter?

This 8-K primarily serves to announce the dividend and refers to a press release (Exhibit 99.1) dated October 28, 2011, which likely contains more detailed financial results. However, the press release itself is furnished and not deemed 'filed' for certain SEC purposes.

What is the significance of the information being 'furnished' and not 'filed'?

When information is 'furnished' under Item 2.02, it means it is being provided to the SEC but is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934. Crucially, it generally will not be incorporated by reference into future SEC filings, meaning it does not automatically become part of a company's ongoing disclosure obligations unless specifically stated.

SCCO 8-K: Earnings & Results

Summary

Southern Copper Corporation (SCCO) filed an 8-K on November 1, 2011, reporting on its financial performance and dividend actions for the quarter ending September 30, 2011. The key takeaway for investors is the authorization of a cash dividend of U.S.¢70 per share. This dividend is scheduled to be paid on November 29, 2011, to shareholders of record as of November 16, 2011, signaling a continued commitment to returning capital to its shareholders. The filing also includes the press release detailing these results, which is furnished and not deemed 'filed' under SEC regulations. Investors should note this distinction as it affects forward-looking statements and incorporation by reference into other filings.

Key Highlights

1Southern Copper Corporation announced a cash dividend of U.S.¢70 per share.
2The dividend payment date is November 29, 2011.
3Shareholders of record as of November 16, 2011, are eligible for the dividend.
4The dividend authorization reflects the company's intention to distribute profits to shareholders.
5The 8-K filing includes a press release dated October 28, 2011, containing these financial results and dividend information.
6Information furnished under Item 2.02 is not considered 'filed' for Section 18 of the Securities Act of 1934, limiting its incorporation into future filings.

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Nov 2, 2011)

Summary

Key Highlights

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