The Monarch Cement Co. (OTCMKTS:MCEM) to Issue Dividend of $0.83

The Monarch Cement Co. (OTCMKTS:MCEM) declared a dividend on Wednesday, August 20th, investing.com reports. Investors of record on Tuesday, August 26th will be paid a dividend of 0.83 per share by the construction company on Friday, September 5th. This represents a yield of 140.0%. The ex-dividend date is Monday, August 25th.

Monarch Cement Price Performance

Shares of OTCMKTS:MCEM opened at $243.2499 on Friday. The business’s 50-day moving average is $237.81 and its 200 day moving average is $235.04. Monarch Cement has a 1 year low of $181.26 and a 1 year high of $305.00. The firm has a market capitalization of $890.29 million, a P/E ratio of 15.14 and a beta of 0.58.

Monarch Cement (OTCMKTS:MCEM) last announced its earnings results on Friday, August 8th. The construction company reported $4.99 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 12.41% and a net margin of 19.56%.The company had revenue of $67.83 million for the quarter.

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.