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Cementos Argos (OTC:CMTOY) Sets New 12-Month High - Here's What Happened

Cementos Argos logo with Construction background

Key Points

  • Cementos Argos shares reached a new 52-week high of $13.68 during trading, rising from a previous close of $12.74 with a volume of 350 shares.
  • The company announced a substantial dividend increase to $1.4481 per share from a previous dividend of $0.09, resulting in a remarkable dividend yield of 1,645.0%.
  • Cementos Argos operates in multiple sectors, including cement, concrete, aggregates, and property management, primarily serving markets in Colombia, the Caribbean, Central America, and the United States.
  • Five stocks we like better than Cementos Argos.

Shares of Cementos Argos S.A. Sponsored ADR (OTC:CMTOY - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $13.68 and last traded at $13.68, with a volume of 350 shares trading hands. The stock had previously closed at $12.74.

Cementos Argos Price Performance

The business's 50-day moving average price is $12.44 and its 200 day moving average price is $11.91.

Cementos Argos Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 19th. Stockholders of record on Monday, September 15th will be given a dividend of $1.4481 per share. This is a boost from Cementos Argos's previous dividend of $0.09. The ex-dividend date is Friday, September 12th. This represents a dividend yield of 1,645.0%.

Cementos Argos Company Profile

(Get Free Report)

Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.

Further Reading

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