Business Context and Reporting Period
Southern Copper Corporation (SCCO) filed this Form 8-K on April 28, 2021, to report the announcement of financial results for the quarter ended March 31, 2021. The company is incorporated in Delaware and trades on the New York Stock Exchange and Lima Stock Exchange.
Key Financial Metrics
This filing serves as a notification of a press release and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. The filing text does not provide a clear value for these metrics; they are contained within the attached press release (Exhibit 99.1) which is not included in the provided text.
Material Changes and Dividend Declaration
The primary material event reported is the authorization of a cash dividend by the Board of Directors on April 22, 2021:
- Dividend Amount: $0.70 per share.
- Record Date: May 11, 2021.
- Payment Date: May 25, 2021.
No other material changes to operations or financial condition are detailed in the body of this specific 8-K document.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It explicitly states that the information furnished is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and will not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the full Q1 2021 financial results (revenue, net income, EBITDA) in the attached press release (Exhibit 99.1).
- Confirm the ex-dividend date to ensure eligibility for the $0.70 per share payment.
- Review the company's 10-Q filing for the quarter ended March 31, 2021, for audited financial statements and detailed risk disclosures.