Monarch Cement (OTCMKTS:MCEM) Reaches New 12-Month High - What's Next?

The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $305.00 and last traded at $218.49, with a volume of 12586 shares trading hands. The stock had previously closed at $218.50.

Monarch Cement Trading Down 0.0 %

The firm's 50 day simple moving average is $212.76 and its 200-day simple moving average is $198.28. The stock has a market capitalization of $800.11 million, a price-to-earnings ratio of 10.31 and a beta of 0.61.

Monarch Cement Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 17th were issued a dividend of $1.75 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $7.00 annualized dividend and a yield of 3.20%. Monarch Cement's payout ratio is presently 14.16%.

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.