SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Issuer

 

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

Report on Form 6-K dated For the month of November, 2012

 

 

Copa Holdings, S.A.

(Translation of Registrant's Name Into English)

 

 

Boulevard Costa del Este, Avenida Principal y Avenida de la Rotonda

Urbanización Costa del Este

Complejo Business Park, Torre Norte

ParqueLefevre

Panama City, Panama

(Address of principal executive offices)

 

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

 

Form 20-F x     Form 40-F ¨

 

(Indicate by check whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes ¨    No x

 

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b);82-             )

 

 

 

Enclosure: Press Release - Copa Holdings Announces early Payment of Annual Dividend

 

 

 
 

 

SIGNATURES 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. 

 

  Copa Holdings, S.A.
(Registrant)
 Date: 11/30/2012  
  By:  /s/ Victor Vial
    Name: Victor Vial
Title: CFO

  

 

 

Copa Holdings Announces Early Payment of Annual Dividend

PANAMA CITY, Nov. 30, 2012 /PRNewswire/ -- The Board of Directors of Copa Holdings, S.A. (NYSE: CPA) at in an extraordinary meeting held on November 27, 2012, declared a dividend of US$2.25 per share which represents approximately 30% of the company's estimated annual consolidated net income for 2012. As a result, the dividend declared represents an annual dividend of US$2.25 per share on all outstanding Class A and Class B shares, which will be paid on December 27, 2012 to stockholders of record as of December 12, 2012.

The company typically reviews its dividend policy in May and pays its annual dividend in June every year. However given the possibility of an expiration of the preferential United States federal tax rates on qualified dividend income after December 31, 2012, and that a significant amount of the shareholders take advantage of such preferential rates, the company opted to bring forward its dividend to December 2012.

About Copa Holdings
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 64 destinations in 29 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 83 aircraft: 57 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G



CONTACT: Joseph Putaturo – Panama, Director-Investor Relations, (507) 304-2677