Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: October 29, 2010 (Event Date: October 28, 2010)
Reporting Period: Quarter ended September 30, 2010
This filing serves to announce the release of financial results for the third quarter of 2010 and the declaration of a quarterly dividend by the Board of Directors.
Key Financial Metrics
The filing text itself 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) referenced in Item 2.02.
Dividend Declaration:
- Amount: U.S. $0.43 per share
- Record Date: November 16, 2010
- Payment Date: November 30, 2010
Material Changes
The filing does not detail specific material changes in financial performance compared to prior periods. It solely references the issuance of the press release containing the quarterly results.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors authorized the dividend payment on October 27, 2010.
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 Exhibit 99.1 (Press Release dated October 28, 2010) for specific Q3 2010 revenue, net income, and cash flow figures.
- Verify the dividend record date (November 16, 2010) to ensure eligibility for the $0.43 per share payment.
- Confirm the payment date of November 30, 2010 for cash flow planning.
- Check subsequent filings for the full text of the press release if not immediately available in the 8-K attachment.