Business Context and Reporting Period
This Form 6-K filing by Cementos Pacasmayo S.A.A. (Pacasmayo Cement Corporation) reports a material event regarding the distribution of profits for the fiscal year ended December 31, 2011. The filing was submitted on October 18, 2012, following a Board of Directors meeting held on October 17, 2012.
Key Financial Metrics
- Total Dividend Distribution: S/. 52,000,000 (Peruvian Soles).
- Dividend Yield on 2011 Results: 14.51% of accumulated net income.
- Dividend Per Common Share: S/. 0.0893525134.
- Dividend Per Investment Share: S/. 0.0893525134.
- Dividend Per ADS: S/. 0.4467625673 (based on 5 common shares per ADS).
- Outstanding Common Shares: 531,461,479.
- Outstanding Investment Shares: 50,503,124.
Note: The filing does not provide specific values for total revenue, operating profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The primary material event is the formal approval of a cash dividend payment plan for the 2011 fiscal year, which was previously authorized in principle on March 20, 2012. No other material changes to financial position or operations are detailed in this specific filing.
Guidance, Outlook, and Important Dates
Management has confirmed the payment schedule for the approved dividend. There is no forward-looking guidance or risk commentary included in this document.
- Ex-Dividend Date: November 8, 2012.
- Record Date: November 13, 2012.
- Payment Date: November 27, 2012.
These dates apply to both common and investment shares traded on the Lima Stock Exchange and ADSs traded on the New York Stock Exchange.
Investor Verification Checklist
- Verify share ownership status as of the ex-dividend date (November 8, 2012) to ensure eligibility for the S/. 0.0893525134 per share payment.
- Confirm the exchange rate between Peruvian Soles (S/.) and USD at the time of payment to calculate the actual USD value of the dividend.
- Review the full 2011 annual report (Form 20-F) to analyze the underlying net income and financial health supporting the 14.51% payout ratio.
- Check for any subsequent filings regarding the actual execution of the payment on November 27, 2012.