Business Context and Reporting Period
Company: Southern Copper Corporation (SCC)
Filing Type: Form 8-K (Current Report)
Report Date: August 1, 2011
Event Date: July 29, 2011
Reporting Period: Quarter ended June 30, 2011
This filing serves to announce the issuance of a press release regarding financial results for the second quarter of 2011 and the authorization 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 the specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
- Dividend Declaration: U.S. $0.62 per share.
- Record Date: August 17, 2011.
- Payment Date: August 31, 2011.
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 Board's authorization of the dividend on July 28, 2011.
Guidance, Outlook, and Risks
Management Commentary: The filing indicates that management has released a press release (Exhibit 99.1) detailing the Q2 2011 results, but the text of this 8-K does not include specific commentary, guidance, or outlook statements.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Unusual Items: None reported in this summary text.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated July 29, 2011) for specific Q2 2011 revenue, earnings, and cash flow figures.
- Verify the dividend payment schedule (Record date: Aug 17, 2011; Payment date: Aug 31, 2011).
- Confirm the dividend amount of $0.62 per share against shareholder records.
- Check subsequent filings for the full text of the press release if not immediately available.