Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: February 1, 2017
Event Date: January 31, 2017
Context: The filing announces the issuance of a press release detailing financial results for the fourth quarter and full year ended December 31, 2016.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached press release (Exhibit 99.1) but are not detailed in the body of this Form 8-K.
Dividend Declaration:
- Amount: $0.08 per share
- Authorization Date: January 26, 2017
- Record Date: February 14, 2017
- Payment Date: February 28, 2017
Material Changes
The filing does not explicitly state material changes in financial performance versus prior periods. It serves as a notification that results for the period ended December 31, 2016, have been released.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, future guidance, risk factors, or contingencies. It references a press release for the full details of the results.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated January 31, 2017) for specific Q4 and full-year 2016 financial figures.
- Verify the dividend payment schedule and eligibility based on the February 14, 2017 record date.
- Confirm that the information in the press release is not deemed "filed" for Section 18 purposes under the Securities Act of 1934, as noted in the filing.