Summary
Southern Copper Corporation (SCCO) has filed an 8-K report detailing its fourth quarter and full year 2024 financial results and dividend announcements. Key for investors is the declaration of a quarterly cash dividend of $0.70 per share, alongside a stock dividend of 0.0073 shares per common share. Both are payable on February 27, 2025, to shareholders of record on February 11, 2025. Fractional shares from the stock dividend will be settled in cash, calculated based on a share price of $95.86. While the press release attached to this 8-K provides these dividend details and announces the financial results, it's important to note that the information furnished in this report and its exhibit is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it will not be automatically incorporated into SCCO's other SEC filings unless explicitly stated.
Key Highlights
- 1SCCO announced a quarterly cash dividend of $0.70 per share, payable February 27, 2025.
- 2A stock dividend of 0.0073 shares per common share was also authorized, payable February 27, 2025.
- 3The dividend payments are for shareholders of record as of February 11, 2025.
- 4Fractional shares from the stock dividend will be paid in cash, valued at $95.86 per share.
- 5The filing references the release of fourth quarter and full year 2024 financial results.
- 6The provided information is furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934.
- 7An Exhibit 99.1 press release contains the detailed financial results and dividend information.