Business Context and Reporting Period
Company: Southern Copper Corporation (SCCO)
Filing Type: Form 8-K (Current Report)
Report Date: February 3, 2023
Event Date: February 2, 2023
Context: This filing announces the release of financial results for the fourth quarter and full year ended December 31, 2022, and declares a new dividend.
Key Financial Metrics
The provided text serves as a notification of results and does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being contained in the attached press release (Exhibit 99.1) but are not present in the filing text itself.
- Dividend Declaration: $1.00 per share.
- Payment Date: March 1, 2023.
- Record Date: February 14, 2023.
Material Changes
The filing does not provide comparative financial data to quantify material changes versus prior periods. The primary material event reported is the Board of Directors' authorization of the dividend on January 26, 2023.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It explicitly states that the information is furnished and not "filed" for purposes of Section 18 of the Securities Act of 1934, meaning it is not incorporated by reference into other registration statements.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific Q4 and full-year 2022 revenue, earnings, and cash flow figures.
- Confirm the ex-dividend date to ensure eligibility for the $1.00 per share payment.
- Verify the company's liquidity position and debt levels in the full financial statements referenced in the press release.
- Check for any operational updates regarding copper production or pricing trends mentioned in the full press release.