Cemex (NYSE: CX) details second $32.5M cash dividend installment
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. is proceeding with the second installment of a previously declared cash dividend totaling USD $130 million, which is being paid in four equal parts. The second installment is USD $32.5 million and will be paid to holders of Ordinary Participation Certificates (CPOs) and American Depositary Shares (ADSs) of record on September 17, 2025.
The company plans to pay approximately USD $0.000746 per share, USD $0.002238 per CPO, and USD $0.022380 per ADS, with final amounts to be confirmed by September 15, 2025. Payment to bearer share and CPO holders is scheduled for September 18, 2025 in Mexican pesos using the exchange rate set on September 15, 2025, while ADS holders are expected to be paid on or around September 25, 2025. The dividend comes from Cemex’s Net Tax Profit Account as of December 31, 2013, so no tax withholding will be applied.
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FAQ
What dividend is Cemex (CX) paying in this Form 6-K update?
Cemex is paying the second installment of a previously declared cash dividend, totaling USD $32.5 million out of an aggregate USD $130 million dividend approved at its March 25, 2025 shareholders’ meeting.
How much will Cemex (CX) shareholders receive per share, CPO, and ADS in the second dividend installment?
For the second installment, Cemex expects to pay approximately USD $0.000746 per share, USD $0.002238 per CPO, and USD $0.022380 per ADS. Each ADS represents 10 CPOs.
What are the key record and payment dates for Cemex (CX) investors?
The record date for the second dividend installment is September 17, 2025. CPO and bearer share holders should receive payment on September 18, 2025, while ADS holders are expected to be paid on or around September 25, 2025. The last day to buy CPOs and ADSs with dividend rights is September 15, 2025.
In what currency will Cemex (CX) pay this dividend installment?
The second installment will be paid to bearer share and CPO holders in Mexican pesos, using the exchange rate determined by Banco de México on September 15, 2025. ADS holders receive their payments through the ADS mechanism in line with these terms.
Will there be tax withholding on Cemex (CX)'s second 2025 dividend installment?
No. The dividend is paid from Cemex's Net Tax Profit Account (CUFIN) as of December 31, 2013, and therefore no tax withholding will be applied to this payment.
What is the full payment schedule for Cemex (CX)'s USD $130 million dividend?
The aggregate dividend of USD $130 million is split into four equal installments of USD $32.5 million each. The first installment was paid on June 18, 2025, the second is described here, and the third and fourth installments are scheduled to start on December 16, 2025 and March 12, 2026, respectively.