Summary
Southern Copper Corporation (SCCO) filed an 8-K report on October 27, 2022, primarily to disclose financial results and dividend information. The company announced a quarterly dividend of $0.50 per share, scheduled to be paid on November 23, 2022, to shareholders of record as of November 9, 2022. This dividend declaration indicates continued confidence in the company's financial health and commitment to returning value to shareholders. While the 8-K itself does not contain the detailed financial results for the quarter ended September 30, 2022, it references a press release (Exhibit 99.1) where these results were announced. Investors should refer to the attached press release for specific operational and financial performance metrics. The filing also clarifies that the information furnished is not considered "filed" for regulatory purposes, a standard disclaimer for such disclosures.
Key Highlights
- 1SCCO announced a quarterly dividend of $0.50 per share.
- 2The dividend payment date is November 23, 2022.
- 3Shareholders of record as of November 9, 2022, are eligible for the dividend.
- 4The 8-K filing references a press release (Exhibit 99.1) containing the financial results for the quarter ended September 30, 2022.
- 5The furnished information is not deemed "filed" for Section 18 of the Securities Act of 1934 purposes.
- 6The company is not an emerging growth company electing to use extended transition periods for accounting standards.