Enel Chile S.A. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on November 29, 2018, reports a significant event for Enel Chile S.A., a publicly held limited liability stock company operating in Chile. The filing announces a Board of Directors decision regarding an interim dividend attributable to the 2018 fiscal period, based on financial statements as of September 30, 2018.
Key Financial Metrics
- Interim Dividend Amount: Ch$ 31,288,370,662 total.
- Dividend Per Share: Ch$ 0.4523627013 (rounded to Ch$ 0.45236 for reporting).
- Dividend Basis: Represents 15% of Net Income as of September 30, 2018.
- Shares Outstanding: 69,166,557,220 shares.
- Payment Date: January 25, 2019.
- Closing Date for Rights: January 19, 2019.
The filing does not provide specific values for total revenue, operating profit, cash flow, margins, debt levels, or liquidity ratios for the period.
Material Changes
The primary material change disclosed is the declaration of an interim cash dividend. The filing does not contain comparative financial data against prior periods to assess changes in revenue, profit, or operational metrics.
Guidance, Outlook, and Risks
Management Commentary: The dividend is charged to the Net Income for the fiscal year ending December 31, 2018. Tax credits associated with the dividend will be announced promptly to shareholders.
Payment Procedures: Payments will be made via bank transfer to authorized accounts. Shareholders without bank authorization or with objected accounts will receive nominative checks or bank drafts via certified mail, payable at Banco de Crédito e Inversiones (BCI) branches starting January 25, 2019.
Risks and Contingencies: The filing does not explicitly detail new operational risks, contingencies, or forward-looking guidance beyond the dividend distribution mechanics.
Investor Verification Checklist
- Verify the exact dividend per share calculation (Ch$ 0.4523627013) versus the rounded figure reported in public notices.
- Confirm the record date (January 19, 2019) to ensure eligibility for the dividend.
- Check for subsequent announcements regarding the specific tax credit amount applicable to this dividend.
- Review the full financial statements for the period ended September 30, 2018, to understand the underlying Net Income of which this dividend represents 15%.