Top Cement and Concrete Stocks

Just one month ago, President Biden announced his support for the Bipartisan Infrastructure Plan. These expenditures should benefit the companies involved in the production of concrete and cement.

The first occurrence of cement took place 12 million years ago. Did you know that many thousands of years ago,cement was made out of cow dung, along with lime and mud. This cement was called ‘daub’. If you are looking for a good infrastructure play, maybe cement stocks could be a solid foundation for you portfolio. All of the following have market caps above $1 billion.

CRH PLC ( CRH ) is an Irish based cement and building materials manufacturer. The stock has a price to earnings ratio of 34 , and a yield of 2.37%.

Cemex ( CX ) is a Mexico based cement and construstion materials manufacturer. The company is currently generating negative earnings and does not pay a dividend.

Eagle Materials ( EXP ) is a Texas based manufacturer of cement and gypsum wallboard. The stock has a P/E of 17, and a yield of 0.73% .

James Hardie Industries ( JHX ) is another Ireland-based manufacturer of cement products. The stock has a P/E of 58, and does not pay a dividend .

Vulcan Materials Company (VMC) is an Alabama based producer of construction aggregate. It trades at 35 times earnings and pays a yield of 0.83%

US Concrete (USCR) is a Texas based concrete producer, which trades at 52 times earnings. It does not pay a dividend.

 

Disclosure: Author did not own any of the above at the time the article was written.

 

Stocks Going Ex Dividend the Fourth Week of December

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the dividend amount, and yield.

Apollo Investment Corporation (AINV) 12/19/2016 0.15 12.3%
EarthLink Holdings Corp. (ELNK) 12/19/2019 0.05 3.5%
James Hardie Industries plc. (JHX) 12/19/2021 0.075 1.8%
KAR Auction Services, Inc (KAR) 12/19/2022 0.32 2.7%
Las Vegas Sands Corp. (LVS) 12/19/2023 0.72 4.9%
Seagate Technology PLC (STX) 12/19/2024 0.63 6.2%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.