CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing solutions, pavement solutions, and green building services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.
CEMEX Dividend Announcement
• CEMEX announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-10
• CEMEX annual dividend for 2024 was $0.06
• CEMEX's trailing twelve-month (TTM) dividend yield is 0.71%
• CEMEX's payout ratio for the trailing twelve months (TTM) is 40.05%
CEMEX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-10 | $0.02 | quarterly | 2024-12-18 |
2024-09-13 | $0.02 | quarterly | 2024-09-24 |
2024-06-17 | $0.02 | quarterly | 2024-06-26 |
2019-12-13 | $0.05 | quarterly | 2019-12-18 |
2019-06-13 | $0.05 | quarterly | 2019-06-18 |
2008-05-06 | $0.63 | quarterly | |
2007-05-08 | $0.57 | quarterly | |
2006-05-05 | $1.33 | quarterly | |
2005-05-06 | $1.18 | quarterly | |
2004-05-07 | $1.03 | quarterly | |
2003-05-07 | $1.07 | quarterly | |
2002-05-03 | $1.07 | quarterly | |
2001-05-07 | $0.96 | quarterly | |
2000-05-04 | $0.80 | quarterly |
CEMEX Dividend per year
CEMEX Dividend growth
CEMEX Dividend Yield
CEMEX current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing CEMEX stock? Use our calculator to estimate your expected dividend yield:
CEMEX Financial Ratios
CEMEX Dividend FAQ
Other factors to consider when evaluating CEMEX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CEMEX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CEMEX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CEMEX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CEMEX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CEMEX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CEMEX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CEMEX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CEMEX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CEMEX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.