The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $203.79 and traded as high as $229.00. Monarch Cement shares last traded at $228.00, with a volume of 978 shares trading hands.
Monarch Cement Stock Performance
The stock has a market cap of $834.48 million, a PE ratio of 10.76 and a beta of 0.61. The company has a 50 day moving average of $220.72 and a two-hundred day moving average of $203.79.
Monarch Cement Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Friday, February 14th. Monarch Cement’s payout ratio is 14.16%.
About Monarch Cement
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.
Read More
- Five stocks we like better than Monarch Cement
- 3 Best Fintech Stocks for a Portfolio Boost
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Trading Stocks: RSI and Why it’s Useful
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- What is the Australian Securities Exchange (ASX)
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for Monarch Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Cement and related companies with MarketBeat.com's FREE daily email newsletter.
