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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2011
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 22—SUBSEQUENT EVENTS

 

DIVIDENDS:

 

On January 26, 2012, the Board of Directors authorized a cash dividend of $0.19 per share of common stock and a stock dividend of 0.0107 shares of common stock per share of SCC common stock.  The stock dividend will be paid with shares of common stock held in treasury by SCC and shares held in treasury on the record date will not be entitled to either the cash or stock dividend.  The cash and stock dividends are payable on February 28, 2012, to shareholders of record at the close of business on February 15, 2012.