Monarch Cement (OTCMKTS:MCEM) Reaches New 52-Week High at $190.50

Shares of The Monarch Cement Company (OTCMKTS:MCEMGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $190.50 and last traded at $190.50, with a volume of 308 shares. The stock had previously closed at $186.00.

Monarch Cement Stock Up 2.4 %

The stock has a market cap of $702.95 million, a P/E ratio of 9.34 and a beta of 0.53. The firm’s fifty day moving average price is $182.47 and its 200-day moving average price is $164.49.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last released its quarterly earnings results on Friday, March 15th. The construction company reported $6.31 earnings per share for the quarter. The business had revenue of $68.12 million for the quarter. Monarch Cement had a net margin of 28.05% and a return on equity of 23.28%.

Monarch Cement Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Tuesday, May 7th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, May 6th. Monarch Cement’s dividend payout ratio (DPR) is presently 15.06%.

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.

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