Business Context and Reporting Period
This Form 6-K filing by Cemex, S.A.B. de C.V. (NYSE: CX) is dated March 7, 2025. The report announces the payment of the fourth installment of a cash dividend in compliance with resolutions from 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 Dividend Installment: USD $30 million.
- Dividend per Ordinary Share: $0.013974 Mexican pesos (equivalent to USD $0.000689).
- Dividend per Ordinary Participation Certificate (CPO): $0.041922 Mexican pesos (equivalent to USD $0.002067).
- Dividend per American Depositary Share (ADS): USD $0.020670.
- Exchange Rate Applied: $20.2830 Mexican pesos per USD (as of March 7, 2025).
- Tax Status: No tax withholding applies as the dividend is sourced from the Net Tax Profit Account (CUFIN) as of December 31, 2013.
Material Changes
The filing does not provide comparative financial data or material changes regarding operational performance versus prior periods. The primary update is the execution of the scheduled dividend payment.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It strictly addresses the mechanics of the dividend distribution.
- Payment Dates:
- Bearer shares and CPO holders: March 11, 2025 (in Mexican Pesos).
- ADS holders: On or around March 18, 2025.
Investor Verification Checklist
- Verify the record date for the fourth dividend installment to ensure eligibility.
- Confirm the exchange rate used for conversion if holding shares in Mexican Pesos versus USD.
- Check the specific payment date for ADS holders, noted as "on or around" March 18, 2025.
- Review the source of funds (CUFIN as of 2013) to confirm the tax-free status of the distribution.