Enel Chile S.A. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K reports a significant event for Enel Chile S.A., a publicly held limited liability stock company based in Santiago, Chile. The filing, dated December 20, 2017, concerns an interim dividend distribution attributable to the fiscal period ending September 30, 2017.
Key Financial Metrics
- Dividend Amount: Ch$ 0.75642 per share.
- Total Dividend Distribution: Ch$ 37,134,944,063.
- Shares Outstanding: 49,092,772,762.
- Dividend Payout Ratio: 15% of net income as of September 30, 2017.
- Currency: Chilean Pesos (Ch$).
The filing text does not provide clear values for total revenue, operating profit, cash flow, margins, debt levels, or liquidity ratios for the period.
Material Changes
The primary material event is the Board of Directors' unanimous agreement to distribute an interim dividend. This distribution represents 15% of the liquid income for the year as of September 30, 2017, in accordance with the Company's dividend policy. No other material changes to financial position or operations are detailed in this specific filing.
Guidance, Outlook, and Risks
Management Commentary: The dividend is charged to the Net Income for the fiscal year 2017. The exact calculation per share is Ch$ 0.756423847619666, rounded to five decimal places for reporting.
Payment Details:
- Payment Date: January 26, 2018.
- Closing Date for Rights: January 20, 2018.
- Method: Cash transfer to authorized bank accounts or via certified mail (check/bank draft) for those without authorization or with objected accounts.
Risks and Contingencies: The filing notes that tax credit effects will be announced promptly to shareholders. No specific operational risks or contingencies are disclosed in this document.
Investor Verification Checklist
- Verify the exact tax credit implications for the dividend, as the filing states this will be announced separately.
- Confirm the record date (January 20, 2018) to ensure eligibility for the January 26, 2018 payment.
- Review the full 2017 annual report (Form 20-F) for complete revenue, profit, and debt metrics, as this 6-K only covers the dividend event.
- Check the publication in "El Mercurio de Santiago" on January 17, 2018, for official public notice.