About Us
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Learn more about cement and locate your local CEMEX sales team. More

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Investor Center
4Q 2011 Earnings Report Live Video Webcast Thursday, February 2, 2012, 10:00 AM ET. More

Debt information related to CEMEX’s maturity profile, credit ratings, public debt and a list of fixed income analysts. More
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Sustainable Development
We have identified 7 areas of the highest concern to our company and our stakeholders. More

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Investor Center

Dividends

Dividends are declared by our shareholders at a general ordinary meeting. The dividend declaration is usually based upon the recommendation of our board of directors.

For 2009 to 2011, CEMEX shareholders approved an increase in the capital stock of the Company in its variable portion through capitalization of retained earnings. For additional information on the 2011 capitalization program please click here.

The following table shows the dividend for the period of 2004 to 2008 and capitalization of retained earnings from 2009 to 2011.


Year	ADS Ex-coupon date	Cash Dividend USD Equivalent¹	Stock Dividend	Capitalization of retained earnings
2011	March 25, 2011			1 new ADS per 25 ADSs held
2010	June 2, 2010			1 new ADS per 25 ADSs held
2009	May 29, 2009			1 new ADS per 25 ADSs held
2008	May 6, 2008	0.84	20% discount
2007	May 8, 2007	0.75	20% discount
2006	May 5, 2006	0.67	20% discount
2005	May 6, 2005	0.61	20% discount
2004	May 6, 2004	0.51	20% discount

¹Dividends from 2004 to 2005 were declared in Mexican pesos. However, ADS holders electing cash received the dividend in U.S. dollars. These amounts represent the approximate U.S. dollar amount distributed to ADS holders. Dividends from 2006 to 2008 were declared in U.S. dollars.

Our board of directors will continue to base their recommendation whether to continue to pay dividends and the amount of those dividends on, among other things, our earnings, cash flow, capital requirements, financial condition, and other relevant factors.