Business Context and Reporting Period
Southern Copper Corporation (SCCO) filed this Form 8-K on May 3, 2022, to report results of operations and financial condition for the quarter ended March 31, 2022. The company is incorporated in Delaware and trades on the New York Stock Exchange and Lima Stock Exchange.
Key Financial Metrics
This filing serves as a notification of a press release and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. The filing text does not provide a clear value for these metrics; they are contained within the attached press release (Exhibit 99.1).
Material Changes and Dividend Declaration
The primary material event reported is the authorization of a cash dividend by the Board of Directors on April 28, 2022:
- Dividend Amount: $1.25 per share.
- Record Date: May 17, 2022.
- Payment Date: May 31, 2022.
Guidance, Outlook, and Risks
The filing does not provide specific management commentary, forward-looking guidance, or a discussion of risks and contingencies. It explicitly states that the information is furnished and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, meaning it will not be incorporated by reference into other registration statements unless expressly stated.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for detailed Q1 2022 financial results, including revenue and earnings per share.
- Confirm the ex-dividend date to ensure eligibility for the $1.25 per share dividend.
- Verify the company's liquidity position and debt levels in the full quarterly report, as this 8-K does not disclose these figures.