Sturm, Ruger & Company, Inc. (RGR) To Go Ex-Dividend on March 14th

Sturm, Ruger & Company, Inc. (NYSE:RGR) declared a quarterly dividend on Wednesday, February 19th, RTT News reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.24 per share on Friday, March 28th. This represents a $0.96 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Friday, March 14th. This is a 118.2% increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11.

Sturm, Ruger & Company, Inc. has decreased its dividend by an average of 41.0% annually over the last three years.

Sturm, Ruger & Company, Inc. Stock Down 0.2 %

RGR opened at $40.00 on Wednesday. The company has a market cap of $670.48 million, a PE ratio of 22.60 and a beta of 0.15. Sturm, Ruger & Company, Inc. has a twelve month low of $34.11 and a twelve month high of $48.20. The company has a 50-day moving average price of $36.75 and a 200 day moving average price of $38.62.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. The company had revenue of $145.78 million during the quarter, compared to analyst estimates of $137.77 million. Sturm, Ruger & Company, Inc. had a return on equity of 9.49% and a net margin of 5.70%. During the same period in the previous year, the business earned $0.58 EPS. As a group, sell-side analysts expect that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 24th.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates through the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.