Summary
Southern Copper Corporation (SCCO) filed an 8-K on July 28, 2020, primarily to announce financial results for the quarter ended June 30, 2020, via a press release. While the specific financial performance details (revenue, net income, etc.) are not detailed within the 8-K itself but rather in the attached press release (Exhibit 99.1), the filing does confirm the company's proactive approach to shareholder returns. Of significant interest to investors is the authorization of a quarterly dividend of $0.40 per share. This demonstrates the company's commitment to returning capital to its shareholders, a key factor for income-oriented investors. The dividend is set to be paid on August 25, 2020, to shareholders of record as of August 12, 2020.
Key Highlights
- 1SCCO announced financial results for the quarter ending June 30, 2020, via a press release.
- 2A quarterly dividend of $0.40 per share was authorized by the Board of Directors.
- 3The dividend payment date is August 25, 2020.
- 4Shareholders of record as of August 12, 2020, are eligible for the dividend.
- 5The information is furnished and not deemed 'filed' for certain SEC purposes, meaning it won't be automatically incorporated into future filings unless explicitly stated.
- 6The 8-K includes Exhibit 99.1, which is the press release containing the detailed financial results.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce Southern Copper Corporation's financial results for the quarter ended June 30, 2020, as detailed in an accompanying press release (Exhibit 99.1).
Yes, Southern Copper Corporation's Board of Directors authorized a quarterly dividend of $0.40 per share.
The dividend is payable on August 25, 2020, to shareholders of record at the close of business on August 12, 2020.
The detailed financial results for the quarter ended June 30, 2020, are located in the press release attached as Exhibit 99.1 to this 8-K filing.