The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $203.79 and traded as high as $229.00. Monarch Cement shares last traded at $228.00, with a volume of 978 shares traded.
Monarch Cement Trading Up 0.1 %
The business’s 50-day simple moving average is $220.72 and its 200-day simple moving average is $203.79. The company has a market capitalization of $834.48 million, a PE ratio of 10.76 and a beta of 0.61.
Monarch Cement Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend is Friday, February 14th. Monarch Cement’s payout ratio is 14.16%.
About Monarch Cement
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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