Summary
Southern Copper Corporation (SCCO) filed an 8-K on July 24, 2018, primarily announcing a quarterly cash dividend. The Board of Directors authorized a dividend of $0.40 per share, payable on August 21, 2018, to shareholders of record on August 8, 2018. This filing also references a press release issued on the same day, which would contain the company's financial results for the quarter ended June 30, 2018, though the specific details of those results are not included in this 8-K document itself, only the announcement of their release. While the 8-K doesn't detail the financial performance for the second quarter of 2018, the focus on the dividend payment signals a commitment to returning capital to shareholders. Investors should refer to the accompanying press release (Exhibit 99.1) for the full financial performance data, which would typically include revenue, earnings, and operational metrics relevant to SCCO's copper and other mineral businesses.
Key Highlights
- 1Southern Copper Corporation announced a cash dividend of $0.40 per common share.
- 2The dividend is scheduled to be paid on August 21, 2018.
- 3Shareholders of record as of August 8, 2018, will be eligible to receive the dividend.
- 4The announcement was made on July 24, 2018, alongside the release of the company's second-quarter 2018 financial results.
- 5The 8-K filing itself refers to a press release (Exhibit 99.1) for the detailed financial results of the quarter ended June 30, 2018.
- 6The information furnished is not considered 'filed' for certain regulatory purposes, meaning it won't be automatically incorporated into other SEC filings unless explicitly stated.