Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: February 3, 2011
Event Date: February 2, 2011
Reporting Period: The filing announces financial results for the quarter and full year ended December 31, 2010.
Key Financial Metrics
The filing text references a press release containing specific financial results but does not explicitly state the numerical values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
- Dividend Declaration: The Board of Directors authorized a dividend of U.S. $0.58 per share.
- Payment Date: March 1, 2011.
- Record Date: February 15, 2011.
Material Changes
The filing does not provide comparative financial data or specific material changes versus prior periods within the text provided. It serves as a notification that results for the period ended December 31, 2010, have been issued.
Guidance, Outlook, and Risks
Management Commentary: The filing directs investors to the attached press release (Exhibit 99.1) for detailed results and commentary.
Risks and Contingencies: No specific risks or contingencies are detailed in the text of this 8-K.
Unusual Items: None reported in the text of this filing.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific revenue, earnings, and cash flow figures for Q4 and Full Year 2010.
- Verify the dividend payment schedule and eligibility based on the February 15, 2011 record date.
- Confirm the impact of the dividend declaration on the company's liquidity position as detailed in the full press release.