Summary
Southern Copper Corporation (SCCO) filed an 8-K on February 2, 2023, primarily to announce financial results for the fourth quarter and full year ended December 31, 2022. While the full financial details would be in the attached press release (Exhibit 99.1), a key piece of information disclosed is the authorization of a $1.00 per share dividend. This dividend is set to be paid on March 1, 2023, to shareholders of record as of February 14, 2023, indicating a continued commitment to returning capital to shareholders. Investors should note that this 8-K filing itself does not contain the detailed financial performance metrics for the period. The information provided here is intended to inform about the dividend declaration and the availability of the full financial results via the attached press release. The company is emphasizing that the furnished information is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934, a standard disclosure for such announcements.
Key Highlights
- 1SCCO announced financial results for Q4 and full year 2022 via press release filed on February 2, 2023.
- 2Board of Directors authorized a dividend of $1.00 per share.
- 3The dividend is payable on March 1, 2023.
- 4Record date for the dividend is February 14, 2023.
- 5The press release detailing the financial results is attached as Exhibit 99.1.
- 6Information furnished is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.