Summary
Southern Copper Corporation (SCCO) filed an 8-K on April 29, 2013, to report on its financial condition and results of operations. The most significant piece of information for investors is the announcement of a quarterly cash dividend. The Board of Directors authorized a dividend of $0.20 per share of common stock, payable on May 21, 2013, to shareholders of record on May 8, 2013. This indicates a commitment to returning capital to shareholders.
Key Highlights
- 1Southern Copper Corporation announced a cash dividend of $0.20 per share.
- 2The dividend is scheduled to be paid on May 21, 2013.
- 3Shareholders of record as of May 8, 2013, will be eligible to receive the dividend.
- 4The company released its financial results for the quarter ended March 31, 2013, via a press release.
- 5The information provided is furnished and not deemed 'filed' for regulatory purposes under Section 18 of the Securities Act of 1934.
Frequently Asked Questions
The most significant event for investors is the declaration of a cash dividend of $0.20 per share. This demonstrates the company's ongoing commitment to shareholder returns.
The dividend is payable on May 21, 2013, to shareholders who are on record as of the close of business on May 8, 2013.
This 8-K filing primarily announces the dividend and references a separate press release dated April 26, 2013, which contains the financial results for the quarter ended March 31, 2013. The press release is attached as an exhibit.