The Monarch Cement Company to Issue Quarterly Dividend of $0.75 (OTCMKTS:MCEM)

The Monarch Cement Company (OTCMKTS:MCEM) declared a quarterly dividend on Wednesday, April 10th, NASDAQ reports. Shareholders of record on Tuesday, May 7th will be paid a dividend of 0.75 per share by the construction company on Friday, June 7th. This represents a $3.00 annualized dividend and a yield of 1.63%. The ex-dividend date is Monday, May 6th.

Monarch Cement Price Performance

Shares of MCEM stock opened at $184.35 on Friday. The firm has a market cap of $680.25 million, a PE ratio of 9.14 and a beta of 0.53. The company has a 50-day moving average of $179.58 and a two-hundred day moving average of $160.03. Monarch Cement has a 1-year low of $111.00 and a 1-year high of $185.00.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings results on Friday, March 15th. The construction company reported $6.31 earnings per share (EPS) 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 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.