CX

Business Context and Reporting Period

Cemex, S.A.B. de C.V. (NYSE: CX) filed a Form 6-K on June 14, 2024, announcing the payment of the first installment of a cash dividend. This action complies with resolutions adopted at the Ordinary General Shareholders' Meeting held on March 22, 2024.

Key Financial Metrics

The filing details specific dividend distributions rather than operational financial metrics such as revenue, profit, or cash flow.

• Total First Installment Payment: USD $30 million.
• Dividend Per Share (Ordinary): $0.012712 Mexican pesos (equivalent to USD $0.000689).
• Dividend Per CPO: $0.038136 Mexican pesos (equivalent to USD $0.002067).
• Dividend Per ADS: USD $0.020670.
• Exchange Rate Applied: $18.4512 Mexican pesos per USD (as of June 14, 2024).

Material Changes

The filing does not report material changes in operational performance, debt levels, or liquidity compared to prior periods. It solely addresses the execution of a shareholder-approved dividend payment.

Guidance, Outlook, and Risks

Payment Schedule:

• Bearer shares and CPO holders: June 18, 2024 (in Mexican Pesos).
• ADS holders: On or around June 26, 2024.

Tax Status: The dividend is sourced from the Net Tax Profit Account (CUFIN) as of December 31, 2013. Consequently, no tax withholding will be applied to this payment. The filing contains no management commentary on future outlook, risks, or contingencies.

Investor Verification Checklist

• Confirm the record date for eligibility to receive the June 18 and June 26 payments.
• Verify the total number of outstanding shares, CPOs, and ADSs to validate the aggregate $30 million payout.
• Review the March 22, 2024, shareholder meeting minutes for the full dividend structure and subsequent installments.
• Check for any updates on the CUFIN balance to ensure future dividends can be similarly tax-exempt.