Frequently Asked Questions
Where are shares traded and what’s the ticker symbol?
OTC market, MCEM
How do I contact the company?
Our mailing address is The Monarch Cement Company, 449 1200 Street, P.O. Box 1000, Humboldt, KS 66748, or you may email us at shareholder.relations@monarchcement.com.
What are the CUSIP numbers?
Capital Stock: 609031307; Class B Stock: 609031406
Who is the transfer agent?
The Monarch Cement Company, 449 1200 Street, P.O. Box 1000, Humboldt, KS 66748
How do I buy more stock or sell my shares?
Your broker can assist with buying or selling stock. You may also contact the transfer agent for assistance.
When/where is the annual meeting?
The company’s annual meeting is held the second Wednesday in April of each year at the Company’s corporate offices.
Where do I send my stock to be transferred?
The Monarch Cement Company, 449 1200 Street, P.O. Box 1000, Humboldt, KS 66748
When do you declare and pay dividends?
Dividends are declared at the regular board meetings, which are generally held in April, August and December. Dividends are generally paid in March, June, September and December.
Do you pay the same dividend on both classes of stock?
Yes, each share of Capital Stock and Class B Capital Stock are equal in respect to dividends.
Is the market price the same for both classes of stock?
Yes. Class B shares are not generally traded on the open market due to their transfer restrictions, but they can always be converted into Capital Stock.
What is the difference between the two classes of stock?
Capital Stock has one vote per share and is freely transferable. Class B Stock has supervoting rights of 10 votes per share and restrictions on transferability (can basically only be transferred to family members). Class B Shares are convertible at any time into an equal number of shares of Capital Stock.
What are the restrictions for transferring my Class B stock?
Class B shares may be transferred only to “Permitted Transferees,” which generally includes: (1) such Class B stockholder’s spouse; (2) any of the lineal descendants of a great grandparent of such Class B stockholder, including adopted children; (3) a trust for the sole benefit of such Class B stockholder’s family members; (4) certain charitable organizations established by such Class B stockholder’s family members; and (5) a partnership made up exclusively of such Class B stockholder’s family members or a corporation wholly owned by such Class B stockholder’s family members.
Can I transfer Class B shares into my brokerage account?
No, shares of Class B Capital Stock registered in a stockholder’s own name are not transferable into nominee or street name.
Can I transfer my Class B shares out of street name?
Yes, Class B Capital Stock may be transferred out of nominee or street name into the name of the person who was the beneficial owner of the Capital Stock on the record date for the Class B Distribution; however, once so transferred, the shares may not be transferred back into nominee or street name.
What is a Class B Certification?
A Class B Certification is an affidavit required to be provided upon the transfer of Class B shares to evidence that the transfer is being made only to a “Permitted Transferee.” If adequate proof is not provided that the transferee is a “Permitted Transferee,” then the shares will be converted into an equal number of shares of Capital Stock. This information is printed on the back side of the Class B stock certificate.
Can I transfer my Class B shares to someone other than a “Permitted Transferee”?
A transfer can be made to someone other than a “Permitted Transferee,” but the Class B shares will automatically be converted into an equal number of shares of Capital Stock. Only “Permitted Transferees” can receive Class B shares.
How do I get a replacement certificate in the event I have lost a stock certificate?
Please contact the transfer agent for instructions. A Lost Securities Bond and an Affidavit of Loss will be required.
Does Monarch require a medallion stamp on securities that are presented for transfer?
No, guarantors are not required to be members of a signature guarantee program, and therefore transfers are not rejected because a guarantor does not participate in such a program. Signature guarantees will be accepted from eligible guarantor institutions, including: banks, brokers, dealers, credit unions, savings associations, national securities exchanges, registered securities associations, and clearing agencies.
Is there a fee for transferring stock?
We do not charge fees for the transfer of stock from one shareholder to another. There is a charge of $5.00 per certificate if multiple certificates are requested for an individual shareholder.
How do I contact the Board?
View the “Procedures Concerning Stockholder Communications.”
Does Monarch have a dividend reinvestment program (DRIP)?
No
Where is your corporate headquarters?
449 1200 Street, Humboldt, KS 66748
