Cementos Argos S.A. Sponsored ADR (OTC:CMTOY) Raises Dividend to $1.45 Per Share

Key Points

• Cementos Argos S.A. Sponsored ADR has announced a significant dividend increase, raising it to $1.45 per share, which represents an astounding 1,496.8% increase from the previous dividend of $0.09.
• The ex-dividend date for the new dividend is September 12th, and investors of record will be paid on September 19th.
• Cementos Argos stock opened at $12.74 and has shown a 12-month price range between $7.20 and $13.05.

Cementos Argos S.A. Sponsored ADR (OTC:CMTOY - Get Free Report) declared a dividend on Saturday, September 6th, investing.com reports. Shareholders of record on Monday, September 15th will be given a dividend of 1.4481 per share on Friday, September 19th. This represents a yield of 1,645.0%. The ex-dividend date of this dividend is Friday, September 12th. This is a 1,496.8% increase from Cementos Argos's previous dividend of $0.09.

Cementos Argos Stock Performance

Shares of CMTOY traded up $0.10 during mid-day trading on Wednesday, hitting $13.00. The company's stock had a trading volume of 2,425 shares, compared to its average volume of 1,759. The firm has a 50-day moving average price of $12.50 and a 200 day moving average price of $11.93. Cementos Argos has a fifty-two week low of $7.20 and a fifty-two week high of $14.60.

About Cementos Argos

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.