GCC, S.A.B. de C.V. Declares Dividend, Payable on May 24, 2023
May 15, 2023 at 06:05 pm EDT
Share
GCC, S.A.B. de C.V. announced that the General Shareholders' Meeting held on April 27, 2023, declared a MXN 1.3364 dividend per share, which comes from the balance of the net earnings on a tax basis corresponding to the fiscal year 2013 and previous years. The declared dividend will be paid on May 24, 2023, and the payment will be made through S.D. Indeval, against delivery of coupon 20 of the current share certificates.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.