Business Context and Reporting Period
Company: Southern Copper Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: January 30, 2012
Event Date: January 26, 2012
Context: The filing announces the declaration of cash and stock dividends by the registrant.
Key Financial Metrics
This filing does not contain comprehensive financial statements. The only specific financial metric disclosed is the dividend declaration:
- Cash Dividend: $0.19 per share of common stock.
- Stock Dividend: 0.0107 shares of common stock per share of common stock.
Revenue, profit, cash flow, margins, debt, and liquidity figures are not provided in this document.
Material Changes
The filing reports a material event regarding shareholder distributions. No comparative financial data or changes in operational metrics versus prior periods are included in this text.
Guidance, Outlook, and Risks
Management Commentary: The company announced the dividend via a press release dated January 27, 2012.
Payment Schedule:
- Record Date: February 15, 2012 (close of business).
- Payment Date: February 28, 2012.
Investor Verification Checklist
- Verify the total number of shares outstanding to calculate the aggregate cash outflow for the $0.19 per share dividend.
- Confirm the impact of the 0.0107 stock dividend on the share count and potential dilution.
- Review the attached Exhibit 99.1 (Press Release) for additional context on the dividend rationale.
- Check subsequent filings for the actual payment execution on February 28, 2012.