The Monarch Cement Company (OTCMKTS:MCEM) to Issue Quarterly Dividend of $0.75

The Monarch Cement Company (OTCMKTS:MCEM) announced a quarterly dividend on Friday, August 2nd, NASDAQ reports. Stockholders of record on Monday, August 26th will be paid a dividend of 0.75 per share by the construction company on Friday, September 6th. This represents a $3.00 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Monday, August 26th.

Monarch Cement Stock Down 1.7 %

Shares of Monarch Cement stock opened at $182.85 on Friday. Monarch Cement has a 52 week low of $126.50 and a 52 week high of $204.00. The company has a market capitalization of $674.72 million, a PE ratio of 8.20 and a beta of 0.57. The stock’s fifty day moving average is $193.15 and its two-hundred day moving average is $184.38.

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.