Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing by Credicorp Ltd., a Bermuda-based foreign private issuer, reports a material event for the month of November 2019. The filing specifically addresses the mechanics of an upcoming dividend distribution previously approved by the Board of Directors on September 25, 2019.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend payout calculation:
- Dividend Per Share (USD): US$2.3623
- Dividend Per Share (PEN): S/8.0000
- Exchange Rate Used: S/3.3866 per US Dollar (as registered by the Peruvian Superintendence of Banking, Insurance and AFP on November 20, 2019)
- Payment Date: November 22, 2019
Material Changes
This filing does not report changes in operational performance or financial position compared to prior periods. It serves as a notification of the specific exchange rate applied to convert the fixed Peruvian Sol dividend amount into US Dollars for payment.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of new risks. The primary contingency noted is the reliance on the official exchange rate set by the Peruvian regulatory authority to determine the final USD value of the dividend.
Key Facts for Investor Verification
- Verify the record date for the dividend to ensure eligibility for the payment scheduled for November 22, 2019.
- Confirm the total dividend payout amount based on the fixed S/8.0000 per share and the applicable exchange rate.
- Review the original Board resolution from September 25, 2019, for details on the dividend distribution agreement.