DIVIDEND ANNOUNCEMENT: Monarch Cement Co. (OTCBB:MCEM) on 12/06/2019 declared a dividend of $0.4500 per share

Monarch Cement Co. (OTCBB:MCEM) on 12/06/2019 declared a dividend of $ 0.4500 per share payable on December 27, 2019 to shareholders of record as of December 17, 2019.

Monarch Cement Co. (OTCBB:MCEM) has paid dividends since 1990, has a current dividend yield of 3.3333332539% and has increased its dividends for 0 successive years.

Monarch Cement Co.'s market cap is $ 93,592,860,000 and has a PE ratio of 9.74. The stock price closed yesterday at $ 60.00 and has a 52 week low/high of $ 56.25 and $ 66.00.

Monarch Cement is engaging in manufactures and sells portland cement. The manufacture of portland cement by Co. involves the quarrying of clay and limestone and the crushing, drying and blending of these raw materials into the proper chemical ratio. Portland cement is the basic material used in the production of ready-mixed concrete that is used in highway, bridge and building construction. Subsidiaries of Co. is engaged in the ready-mixed concrete, concrete products and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants.

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