Summary
Southern Copper Corporation (SCCO) announced a significant cash dividend of $2.75 per share of common stock, authorized by its Board of Directors on October 18, 2012. This action demonstrates the company's commitment to returning capital to shareholders. The dividend is scheduled to be paid on November 21, 2012, to shareholders of record as of November 8, 2012, providing a clear timeline for investors to receive this distribution. While the filing primarily focuses on the dividend announcement and references a press release detailing financial results for the quarter ended September 30, 2012, the specific financial performance details are not elaborated upon within this 8-K itself. Investors seeking a comprehensive understanding of SCCO's operational and financial standing should refer to the full press release attached as an exhibit for a complete picture of their quarterly performance.
Key Highlights
- 1Southern Copper Corporation (SCCO) authorized a cash dividend of $2.75 per share.
- 2The dividend was authorized by the Board of Directors on October 18, 2012.
- 3The dividend payment date is November 21, 2012.
- 4Shareholders of record as of November 8, 2012, are eligible to receive the dividend.
- 5The filing serves as notification of the dividend and references a press release with quarterly financial results.
- 6Information furnished in this report is not considered 'filed' for Section 18 of the Securities Exchange Act of 1934 purposes.