The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $215.64 and traded as high as $219.99. Monarch Cement shares last traded at $217.99, with a volume of 670 shares changing hands.
Monarch Cement Stock Down 0.5 %
The stock has a market cap of $801.94 million, a P/E ratio of 10.33 and a beta of 0.61. The firm’s 50-day moving average is $216.66 and its two-hundred day moving average is $199.48.
Monarch Cement Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be issued a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Friday, February 14th. Monarch Cement’s dividend payout ratio is 14.16%.
Monarch Cement Company Profile
The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies.
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