The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $219.60 and traded as high as $235.00. Monarch Cement shares last traded at $228.04, with a volume of 3,732 shares changing hands.
Monarch Cement Stock Performance
The stock has a fifty day moving average of $219.98 and a 200-day moving average of $203.04. The company has a market cap of $834.48 million, a PE ratio of 10.76 and a beta of 0.61.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last issued its earnings results on Friday, November 8th. The construction company reported $7.21 earnings per share for the quarter. Monarch Cement had a return on equity of 21.86% and a net margin of 28.76%. The business had revenue of $80.03 million during the quarter.
Monarch Cement Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Friday, February 14th. Monarch Cement's dividend 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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