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Cementos Argos (OTC:CMTOY) Hits New 52-Week High After Dividend Announcement

Cementos Argos logo with Construction background

Key Points

  • Cementos Argos shares hit a new 52-week high of $15.26 after announcing a dividend payment scheduled for October 14th.
  • Investors of record on September 29th will receive a dividend of $0.0988, resulting in an extraordinary yield of 1,854.0%.
  • The company's stock has increased by 20.2%, with a 50-day moving average of $12.53 and a 200-day moving average of $11.98.
  • Interested in Cementos Argos? Here are five stocks we like better.

Cementos Argos S.A. Sponsored ADR (OTC:CMTOY - Get Free Report)'s share price reached a new 52-week high on Friday after the company announced a dividend. The company traded as high as $15.26 and last traded at $15.26, with a volume of 15944 shares trading hands. The stock had previously closed at $12.70.

The newly announced dividend which will be paid on Tuesday, October 14th. Investors of record on Monday, September 29th will be issued a dividend of $0.0988 per share. This represents a yield of 1,854.0%. The ex-dividend date is Friday, September 26th.

Cementos Argos Trading Up 20.2%

The stock's fifty day moving average is $12.57 and its two-hundred day moving average is $12.00.

About Cementos Argos

(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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