The Monarch Cement Co. (MCEM) Announces Quarterly Dividend of $0.35
The Monarch Cement Co. (OTCMKTS:MCEM) announced a quarterly dividend on Friday, December 1st, Zacks reports. Shareholders of record on Tuesday, December 12th will be paid a dividend of 0.35 per share by the construction company on Wednesday, December 27th. This represents a $1.40 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Monday, December 11th.
Shares of The Monarch Cement (MCEM) remained flat at $$70.90 on Wednesday. The firm has a market cap of $185.51, a price-to-earnings ratio of 12.41 and a beta of 0.78. The Monarch Cement has a 12 month low of $43.22 and a 12 month high of $75.00.
The Monarch Cement Company Profile
The Monarch Cement Company is principally engaged in the manufacture and sale of portland cement. The Company markets its products in various areas, including the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas and northern Oklahoma. Its products are primarily sold to contractors, ready-mixed concrete plants, concrete products plants, building materials dealers and governmental agencies.
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