Summary
Southern Copper Corporation (SCCO) filed an 8-K on April 26, 2018, reporting on its financial results for the quarter ended March 31, 2018, as announced in a press release on April 25, 2018. While the full financial details of the quarter were released, the primary focus for investors in this filing is the declaration of a dividend. This filing serves to officially record the dividend authorization and its payment schedule, providing clarity to shareholders regarding upcoming distributions.
Key Highlights
- 1SCCO announced financial results for the quarter ended March 31, 2018, via a press release on April 25, 2018.
- 2The Board of Directors authorized a dividend of $0.30 per share on April 19, 2018.
- 3The dividend payment date is scheduled for May 23, 2018.
- 4Shareholders of record as of the close of business on May 9, 2018, will be entitled to receive the dividend.
- 5The press release containing the financial results and dividend information is attached as Exhibit 99.1.
- 6Information furnished under Item 2.02 is not considered 'filed' for SEC purposes unless explicitly incorporated into other filings.
Frequently Asked Questions
The main financial news from this 8-K filing is the announcement of Southern Copper Corporation's financial results for the quarter ended March 31, 2018, and the declaration of a quarterly dividend of $0.30 per share.
The dividend is payable on May 23, 2018, to shareholders who are of record at the close of business on May 9, 2018.
This 8-K filing primarily serves to announce the financial results via a press release and declare a dividend. The detailed financial statements are contained within the press release attached as Exhibit 99.1, but the information furnished under Item 2.02 is generally not considered formally 'filed' in the same way as a 10-Q or 10-K unless specifically stated.