Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: July 23, 2013 (Event Date: July 22, 2013)
Reporting Period: Second Quarter ended June 30, 2013
This filing serves to announce the issuance of a press release regarding financial results for the quarter ended June 30, 2013, and the declaration of a cash dividend by the Board of Directors.
Key Financial Metrics
The filing text references a press release containing detailed financial results but does not explicitly state specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
- Dividend Declaration: $0.12 per share of common stock.
- Dividend Authorization Date: July 18, 2013.
- Record Date: August 7, 2013.
- Payment Date: August 20, 2013.
Material Changes
The filing does not provide comparative financial data or specific material changes in operational metrics versus the prior period. The primary material event reported is the authorization of the quarterly cash dividend.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors authorized the dividend payment, indicating a commitment to shareholder returns based on the Q2 2013 results.
Legal Disclaimer: The information furnished in this report and the attached exhibit is not deemed "filed" for purposes of Section 18 of the Securities Act of 1934 and will not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review the attached Exhibit 99.1 (Press Release dated July 22, 2013) for specific revenue, earnings, and production figures for Q2 2013.
- Verify the ex-dividend date to determine eligibility for the $0.12 per share payment.
- Confirm the record date of August 7, 2013, for shareholder eligibility.
- Check subsequent filings for the actual payment of the dividend on August 20, 2013.