Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: May 2, 2012
Event Date: April 30, 2012
Reporting Period: Quarter ended March 31, 2012
This filing serves to announce the issuance of a press release regarding financial results for the quarter ended March 31, 2012, and the authorization of a cash dividend by the Board of Directors.
Key Financial Metrics
The filing text references a press release containing financial results but does not explicitly state specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
- Dividend Declaration: $0.53 per share of common stock.
- Dividend Authorization Date: April 23, 2012.
- Record Date: May 11, 2012.
- Payment Date: May 24, 2012.
Material Changes
The filing does not provide comparative financial data or specific details regarding material changes in operations versus the prior comparable period. It solely references the attached press release (Exhibit 99.1) for the full results.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors authorized the cash dividend mentioned above.
Legal Disclaimer: The information furnished in this report and the attached exhibit is not deemed "filed" for purposes of Section 18 of the Securities Act of 1934 and will not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated April 30, 2012) for specific revenue, earnings, and operational metrics for the quarter ended March 31, 2012.
- Confirm shareholder eligibility for the $0.53 dividend based on the May 11, 2012 record date.
- Verify the payment date of May 24, 2012 for dividend distribution.