Cemex SAB ( (CX) ) just unveiled an update.
Cemex announced the payment of the fourth installment of a cash dividend totaling USD $120 million, initially declared in March 2024, with the final installment of USD $30 million to be paid in March 2025. This dividend, sourced from the company’s Net Tax Profit Account, will be distributed to holders of Cemex Ordinary Participation Certificates and American Depositary Shares, reflecting the company’s commitment to returning value to its shareholders.
More about Cemex SAB
Cemex, S.A.B. de C.V. is a leading global building materials company that provides high-quality products and reliable services to customers and communities worldwide. It is primarily engaged in the production, distribution, and sale of cement, ready-mix concrete, aggregates, and other construction materials, with a strong market presence in the Americas, Europe, Africa, the Middle East, and Asia.
YTD Price Performance: 10.54%
Average Trading Volume: 9,586,792
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.58B
For detailed information about CX stock, go to TipRanks’ Stock Analysis page.