Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on May 10, 2017, reports a material event regarding the dividend distribution for Credicorp Ltd. The filing notifies the Superintendencia del Mercado de Valores (SMV) of the exchange rate and dividend amounts to be used for the payment scheduled on May 12, 2017.
Key Financial Metrics
- Dividend Per Share (USD): US$3.7376
- Dividend Per Share (PEN): S/12.2865
- Exchange Rate (PEN/USD): S/3.2873 (as of May 10, 2017)
- Payment Date: May 12, 2017
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the period.
Material Changes
This filing clarifies the specific calculation parameters for the dividend distribution previously announced by the Board of Directors on February 22, 2017. There are no reported changes to the company's financial position or operations in this document.
Guidance, Outlook, and Risks
The document contains no management commentary, future guidance, risk factors, or contingencies. It is strictly a notification of the exchange rate used to convert the declared dividend into Peruvian Soles for payment.
Key Facts for Investor Verification
- Verify the dividend payment date of May 12, 2017.
- Confirm the exchange rate of S/3.2873 per US Dollar used for the calculation.
- Validate the total dividend amount per share (US$3.7376 or S/12.2865).
- Review the original Board resolution dated February 22, 2017, for the full dividend distribution agreement.