Summary
Southern Copper Corporation (SCCO) filed an 8-K on July 23, 2013, primarily to report on its second-quarter 2013 financial results and a subsequent dividend declaration. The company announced its financial results for the quarter ended June 30, 2013. While the details of the financial performance itself are not included in this 8-K, the filing serves as a notification for investors regarding these results, which were disseminated through a press release. Key information for investors from this filing is the declaration of a cash dividend. SCCO's Board of Directors authorized a dividend of $0.12 per share of common stock, payable on August 20, 2013, to shareholders of record on August 7, 2013. This indicates a commitment to returning capital to shareholders, a common point of interest for equity investors.
Key Highlights
- 1Southern Copper Corporation (SCCO) announced its financial results for the second quarter ended June 30, 2013.
- 2A cash dividend of $0.12 per share of common stock was authorized by the Board of Directors on July 18, 2013.
- 3The dividend is scheduled to be paid on August 20, 2013.
- 4Shareholders of record as of the close of business on August 7, 2013, are eligible to receive the dividend.
- 5The information is being furnished and not deemed 'filed' for purposes of Section 18 of the Securities Act of 1934.
- 6The press release detailing the financial results is attached as Exhibit 99.1.