Cemex (NYSE: CX) details second 2025 cash dividend installment payment
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. will pay the second installment of its 2025 cash dividend, totaling USD $32.5 million, as approved at its March 25, 2025 shareholders’ meeting. The dividend amounts to $0.013699 Mexican pesos per share, equivalent to USD $0.000746 per share, with CPO holders receiving $0.041097 Mexican pesos per CPO (USD $0.002238) and ADS holders receiving USD $0.022380 per ADS.
The second installment is scheduled to be paid on September 18, 2025 in Mexican pesos to bearer share and CPO holders, based on an exchange rate of $18.3635 Mexican pesos per USD set on September 15, 2025, while ADS holders are expected to receive payment on or around September 25, 2025. The dividend is sourced from Cemex’s Net Tax Profit Account (CUFIN) as of December 31, 2013, so no tax withholding will be applied to this payment.
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Insights
Cemex confirms a tax-efficient USD $32.5M dividend payment.
Cemex is following through on a previously approved shareholder resolution by paying the second installment of a cash dividend totaling USD $32.5 million. The payment is precisely defined per security class, including per-share, per-CPO, and per-ADS amounts, which clarifies the cash distributions for different investor bases.
The payment uses an exchange rate of $18.3635 Mexican pesos per USD set by Banco de México on September 15, 2025, which fixes the peso amounts for local holders. Because the dividend comes from the Net Tax Profit Account as of December 31, 2013, the company states that no tax withholding applies, which is favorable for net cash received by investors.
Key dates include the September 18, 2025 payment date for bearer share and CPO holders in Mexican pesos and the expected September 25, 2025 payment timing for ADS holders. These specifics give clarity on when different holder groups can expect their cash distributions.
FAQ
What dividend payment did Cemex (CXMSF) announce in this report?
Cemex announced it will pay the second installment of its 2025 cash dividend, with a total payment of USD $32.5 million distributed across its share, CPO, and ADS holders.
What exchange rate is Cemex using to pay the dividend in Mexican pesos?
The peso amounts for the second installment were determined using an exchange rate of $18.3635 Mexican pesos per USD, as set by Banco de México on September 15, 2025.
Will there be tax withholding on Cemex’s second 2025 dividend installment?
No. Cemex states that the dividend is paid from its Net Tax Profit Account (CUFIN) as of December 31, 2013, so no tax withholding will be applied to this dividend payment.