Cemex (NYSE: CX) sets dates for fourth $32.5M cash dividend
Rhea-AI Filing Summary
Cemex is moving ahead with the fourth and final installment of its previously declared USD $130 million cash dividend, paying USD $32.5 million to holders of record as of March 11, 2026.
Holders of Series A and B shares and CPOs are expected to be paid on March 12, 2026 in Mexican pesos, based on the Banco de México exchange rate on March 10, 2026. ADS holders are expected to receive payment on or around March 19, 2026. Indicative amounts for this fourth installment are approximately USD $0.000750 per share, USD $0.002250 per CPO, and USD $0.022500 per ADS, with final per-security amounts to be announced by March 10, 2026. The dividend comes from Cemex’s Net Tax Profit Account (CUFIN) as of December 31, 2013, so no tax withholding will be applied.
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Insights
Cemex is completing a planned $130M cash dividend program with a tax-efficient final installment.
Cemex is confirming mechanics for the fourth USD $32.5 million installment of a previously approved USD $130 million dividend. The schedule, record date, and indicative per-security payouts for shares, CPOs, and ADSs are clearly laid out, reducing uncertainty for income-focused holders.
Payments in Mexican pesos for local shares and CPOs will use the Banco de México rate from March 10, 2026, while ADS holders are expected to be paid around March 19, 2026. Because the distribution comes from the CUFIN balance as of December 31, 2013, no withholding tax will be taken, which preserves the stated gross dividend for recipients.