Loma Negra reports operating and financial developments for its Argentina-based cement and construction-materials business. The company produces and distributes cement, masonry cement, aggregates, concrete and lime, with nationwide operations supported by limestone reserves, plants and distribution channels. Its American depositary shares trade on the NYSE under LOMA, with one ADS representing five common shares, and its shares also trade on BYMA.
Recurring company updates include quarterly earnings releases, cement segment revenue, sales volumes for cement, masonry and lime, concrete dispatches tied to private and public construction, aggregates demand, railroad transportation volumes, debt and leverage, sustainability reporting, and annual Form 20-F filing notices.
Loma Negra C.I.A.S.A. (NYSE: LOMA) announced the approval of a dividend payment totaling ARS 2.4 billion, equating to ARS 4.03 per share, representing 402.67% of the nominal capital stock. Payments will start on October 14, 2020, with shareholders able to choose between Argentine Pesos or transfer in US Dollars. The option to receive dividends in US Dollars requires action before October 9, 2020. The dividend distribution follows regulations regarding withholding taxes as per Argentine law.