Summary
Southern Copper Corporation (SCCO) announced its fourth quarter and full-year 2011 financial results via a press release filed on February 9, 2012. The key financial highlight from this filing is the announcement of a dividend distribution. The Board of Directors authorized a cash dividend of $0.19 per share and a stock dividend of 0.0107 shares per common share, both payable on February 28, 2012, to shareholders of record on February 15, 2012. This dividend declaration indicates a commitment to returning capital to shareholders. Investors should note that the information provided in this 8-K, specifically the press release content, is furnished and not deemed "filed" with the SEC. Therefore, it will not be automatically incorporated into future SEC filings unless explicitly stated.
Key Highlights
- 1Southern Copper Corporation (SCCO) announced Q4 and full-year 2011 financial results.
- 2The company's Board of Directors authorized a cash dividend of $0.19 per common share.
- 3A stock dividend of 0.0107 shares per common share was also authorized.
- 4Both dividends are scheduled to be paid on February 28, 2012.
- 5Shareholders of record as of February 15, 2012, will receive the dividends.
- 6The filing includes a press release dated February 9, 2012, as an exhibit.
- 7Information furnished under Item 2.02 is not deemed "filed" for SEC purposes, meaning it won't be automatically incorporated into future SEC filings.