Business Context and Reporting Period
Company: First Community Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: April 24, 2002
Reporting Period: First Quarter 2002
This filing serves to disclose the Company's operating results for the first quarter of 2002 and announces a new quarterly cash dividend approved by the Board of Directors.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the referenced news release (Exhibit 99.1) but are not detailed in the body of this Form 8-K.
Material Changes and Corporate Actions
- Dividend Declaration: The Board of Directors approved the Company's first quarterly cash dividend.
- Dividend Amount: $0.04 per share.
- Payment Date: May 20, 2002.
- Record Date: May 6, 2002.
Guidance, Outlook, and Risks
The filing text does not provide specific management commentary, forward-looking guidance, risk factors, or details on contingencies beyond the announcement of the dividend and the reference to the Q1 2002 operating results news release.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release dated April 24, 2002) for specific Q1 2002 revenue, net income, and earnings per share figures.
- Verify the record date (May 6, 2002) to ensure eligibility for the $0.04 per share dividend.
- Confirm the dividend payment date of May 20, 2002.