Cemex SAB (CX) has released an update.
Cemex S.A.B. de C.V. has announced the payment of a cash dividend, following its recent shareholders’ meeting, with an initial installment of $30 million set to be disbursed on June 18, 2024, for share and certificate holders, and around June 26, 2024, for American Depositary Shares (ADS) holders. The dividend, originating from Cemex’s Net Tax Profit Account as of the end of 2013, will not be subject to tax withholding. The dividend payment will be calculated based on the exchange rate determined by Banco de México on June 14, 2024.
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