The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $215.64 and traded as high as $219.99. Monarch Cement shares last traded at $217.99, with a volume of 670 shares.
Monarch Cement Stock Performance
The firm has a market capitalization of $802.33 million, a PE ratio of 10.34 and a beta of 0.61. The company's fifty day moving average price is $216.17 and its two-hundred day moving average price is $199.34.
Monarch Cement Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 17th were issued a $1.75 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $7.00 annualized dividend and a yield of 3.19%. Monarch Cement's payout ratio is 14.16%.
Monarch Cement Company Profile
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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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