AMMO, Inc. (NASDAQ:POWWP – Get Free Report) announced a quarterly dividend on Tuesday, February 4th, Wall Street Journal reports. Investors of record on Saturday, March 1st will be given a dividend of 0.5469 per share on Monday, March 17th. This represents a $2.19 annualized dividend and a dividend yield of 10.24%. The ex-dividend date of this dividend is Friday, February 28th.
AMMO has raised its dividend by an average of 21.1% annually over the last three years.
AMMO Price Performance
Shares of NASDAQ:POWWP traded down $0.36 on Wednesday, hitting $21.36. 1,283 shares of the company traded hands, compared to its average volume of 7,886. The stock has a 50 day simple moving average of $20.64 and a 200-day simple moving average of $22.19. AMMO has a 52 week low of $18.20 and a 52 week high of $27.20.
AMMO Company Profile
AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring home or personal protection, manufacturers, and law enforcement and military agencies. The company’s products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.
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