Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Date of Report: October 22, 2009
Reporting Period: The filing announces financial results for the quarter and nine-month period ended September 30, 2009.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing detailed financial results but does not explicitly state the specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
- Revenue, Profit, Cash Flow, Margins: Not provided in the filing text; referenced in attached Exhibit 99.1.
- Debt and Liquidity: Not provided in the filing text; referenced in attached Exhibit 99.1.
- Dividend Declaration: The Board of Directors authorized a dividend of U.S. $0.18 per share.
Material Changes and Corporate Actions
The primary material event reported is the declaration of a cash dividend.
- Dividend Amount: $0.18 per share.
- Record Date: November 5, 2009.
- Payment Date: November 24, 2009.
- Authorization Date: October 19, 2009.
The filing does not provide comparative data or specific material changes in operational metrics versus the prior period within the text itself.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies. It serves solely to announce the release of financial results and the dividend declaration.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific revenue, net income, and cash flow figures for the quarter and nine months ended September 30, 2009.
- Verify the dividend payment schedule and eligibility based on the November 5, 2009 record date.
- Confirm the impact of the dividend declaration on the company's cash position as detailed in the full financial statements.