Monarch Cement (OTCMKTS:MCEM) Sets New 1-Year High – Here’s What Happened

The Monarch Cement Company (OTCMKTS:MCEMGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $305.00 and last traded at $218.49, with a volume of 12586 shares. The stock had previously closed at $218.50.

Monarch Cement Stock Down 0.0 %

The stock has a market capitalization of $800.11 million, a PE ratio of 10.31 and a beta of 0.61. The firm’s fifty day moving average is $212.76 and its 200-day moving average is $198.28.

Monarch Cement Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 17th were paid a $1.75 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $7.00 dividend on an annualized basis and a yield of 3.20%. Monarch Cement’s payout ratio is 14.16%.

Monarch Cement Company Profile

(Get Free Report)

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.

Further Reading

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