The Monarch Cement Co. (OTCMKTS:MCEM) Announces Dividend of $0.83

Key Points

• The Monarch Cement Co. has announced a dividend of $0.83 per share, with the dividend slated for distribution on September 5th for investors on record by August 26th.
• The stock's current market capitalization stands at $862.66 million, with a PE ratio of 14.67 and a beta of 0.58.
• In its recent quarterly earnings report, Monarch Cement reported an EPS of $4.99 and revenues of $67.83 million, indicating a strong net margin of 19.56%.

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report) announced a dividend on Wednesday, August 20th, investing.com reports. Investors of record on Tuesday, August 26th will be given a dividend of 0.83 per share by the construction company on Friday, September 5th. This represents a yield of 140.0%. The ex-dividend date of this dividend is Monday, August 25th.

Monarch Cement Stock Down 0.6%

OTCMKTS:MCEM traded down $1.4499 during trading hours on Monday, hitting $241.80. 6 shares of the company's stock traded hands, compared to its average volume of 1,497. The firm has a market cap of $884.99 million, a P/E ratio of 15.05 and a beta of 0.58. Monarch Cement has a 52 week low of $181.26 and a 52 week high of $305.00. The business's fifty day simple moving average is $237.81 and its two-hundred day simple moving average is $235.14.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The construction company reported $4.99 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 12.41% and a net margin of 19.56%.The company had revenue of $67.83 million during the quarter.

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.