Cementos Argos (OTC:CMTOY) Hits New 12-Month High – Should You Buy?

Shares of Cementos Argos S.A. Sponsored ADR (OTC:CMTOYGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $16.78 and last traded at $11.76, with a volume of 2615 shares trading hands. The stock had previously closed at $11.85.

Cementos Argos Trading Down 0.8%

The firm has a fifty day moving average of $13.09 and a 200 day moving average of $12.62.

Cementos Argos Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, December 12th. Stockholders of record on Tuesday, December 2nd will be given a dividend of $0.1039 per share. The ex-dividend date of this dividend is Monday, December 1st. This is an increase from Cementos Argos’s previous dividend of $0.10. This represents a dividend yield of 2,084.0%.

Cementos Argos Company Profile

(Get Free Report)

Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.

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