Monarch Cement (OTCMKTS:MCEM) Sets New 12-Month High at $198.00

The Monarch Cement Company (OTCMKTS:MCEMGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $198.00 and last traded at $198.00, with a volume of 460 shares trading hands. The stock had previously closed at $190.00.

Monarch Cement Trading Up 4.2 %

The firm has a market capitalization of $730.62 million, a PE ratio of 8.52 and a beta of 0.54. The business’s 50 day simple moving average is $187.50 and its 200 day simple moving average is $171.10.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last issued its quarterly earnings data on Friday, May 10th. The construction company reported $4.53 EPS for the quarter. Monarch Cement had a net margin of 30.92% and a return on equity of 24.93%. The business had revenue of $50.09 million during the quarter.

Monarch Cement Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, May 7th were paid a $0.75 dividend. The ex-dividend date of this dividend was Monday, May 6th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.52%. Monarch Cement’s payout ratio is currently 13.45%.

About Monarch Cement

(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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