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. (formerly Enersis Chile S.A.) filed on November 25, 2016. The filing details a resolution by the Board of Directors regarding the company's dividend policy for the 2016 fiscal year. The financial data referenced in the dividend calculation is based on the company's financial statements as of September 30, 2016.
Key Financial Metrics
The filing does not provide comprehensive revenue, profit, cash flow, margin, debt, or liquidity metrics for the reporting period. The only specific financial figures disclosed relate to the dividend distribution:
- Total Dividend Amount: $37,253,416,581 (Chilean Pesos).
- Dividend Per Share: $0.75884.
- Dividend Basis: 15% of the liquid net income as of September 30, 2016.
- Number of Shares Outstanding: 49,092,772,762.
Material Changes
The primary material change reported is the Board's unanimous resolution to distribute an interim dividend charged to the 2016 fiscal year income. This action augments information previously presented at the Ordinary Shareholders' Meeting held on April 28, 2016. No other material changes to operations or financial position are detailed in this specific filing.
Guidance, Outlook, and Payment Details
Management has confirmed the payment schedule and method for the interim dividend:
- Payment Date: January 27, 2017.
- Record Date (Closing Date): January 21, 2017.
- Payment Method: Cash. Payments will be made via bank transfer to authorized accounts or via certified mail (nominative check/bank draft) for those who requested it or whose accounts were objected to by the bank.
- Tax Effects: The specific tax credit associated with this dividend will be announced promptly to shareholders.
- Publication: The dividend announcement was scheduled for publication in the newspaper El Mercurio de Santiago on January 17, 2017.
Investor Verification Checklist
- Verify the exact liquid net income figure for the period ended September 30, 2016, to confirm the 15% calculation basis.
- Confirm the record date (January 21, 2017) to ensure eligibility for the dividend.
- Check for subsequent announcements regarding the specific tax credit value applicable to this dividend.
- Review the full 2016 financial statements for comprehensive revenue and profit data not included in this 6-K.