Summary
Southern Copper Corporation (SCCO) filed an 8-K on October 27, 2016, primarily to report on its third-quarter financial results and announce a dividend payment. The company's Board of Directors authorized a cash dividend of $0.05 per share, payable on November 29, 2016, to shareholders of record as of November 9, 2016. This filing indicates the company's ongoing commitment to returning capital to shareholders.
Key Highlights
- 1Southern Copper Corporation (SCCO) announced a cash dividend of $0.05 per share.
- 2The dividend is scheduled to be paid on November 29, 2016.
- 3Shareholders of record on November 9, 2016, will be eligible to receive the dividend.
- 4The information was released via a press release dated October 27, 2016.
- 5The filing is an 8-K, indicating a material event for the company.
- 6The dividend declaration reflects the company's financial health and capital allocation strategy.