Business Context and Reporting Period
Company: Southern Copper Corporation (SCCO)
Filing Type: Form 8-K (Current Report)
Report Date: January 26, 2021 (Event Date: January 25, 2021)
Reporting Period: Fourth quarter and full year ended December 31, 2020.
Key Financial Metrics
This filing serves as a notification of the release of financial results rather than a detailed financial statement. Specific values for revenue, profit, cash flow, margins, debt, and liquidity are not provided in the text of this 8-K; they are contained in the attached press release (Exhibit 99.1).
Dividend Declaration:
- Amount: $0.60 per share
- Authorization Date: January 21, 2021
- Record Date: February 10, 2021
- Payment Date: February 24, 2021
Material Changes
The filing does not contain specific comparative financial data or material changes in operations versus prior periods. It solely references the issuance of a press release detailing Q4 and full-year 2020 results.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors authorized the quarterly dividend mentioned above.
Legal Disclaimer: The information furnished in this report and the attached exhibit shall not be 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
- Review Exhibit 99.1 (Press Release) for specific Q4 and full-year 2020 revenue, earnings, and cash flow figures.
- Verify the dividend payment date (February 24, 2021) and record date (February 10, 2021) for shareholder eligibility.
- Confirm the trading symbol (SCCO) on the New York Stock Exchange and Lima Stock Exchange.