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

The Monarch Cement Company (OTCMKTS:MCEM) announced a quarterly dividend on Friday, August 2nd, NASDAQ reports. Investors of record on Monday, August 26th will be given a dividend of 0.75 per share by the construction company on Friday, September 6th. This represents a $3.00 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Monday, August 26th.

Monarch Cement Price Performance

Shares of Monarch Cement stock traded down $8.66 during trading hours on Friday, hitting $187.75. 778 shares of the company’s stock traded hands, compared to its average volume of 352. Monarch Cement has a 12-month low of $118.95 and a 12-month high of $204.00. The stock has a market capitalization of $692.80 million, a price-to-earnings ratio of 8.42 and a beta of 0.57. The company has a fifty day simple moving average of $194.46 and a 200-day simple moving average of $180.57.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, May 10th. The construction company reported $4.53 earnings per share for the quarter. The company had revenue of $50.09 million during the quarter. Monarch Cement had a return on equity of 24.93% and a net margin of 30.92%.

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.