AMMO, Inc. Declares Quarterly Dividend of $0.56 (NASDAQ:POWWP)

AMMO, Inc. (NASDAQ:POWWP) announced a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.559 per share on Monday, December 16th. This represents a $2.24 annualized dividend and a dividend yield of 10.24%. The ex-dividend date of this dividend is Monday, December 2nd.

AMMO Stock Performance

Shares of AMMO stock opened at $21.84 on Friday. The company’s fifty day simple moving average is $21.99 and its 200-day simple moving average is $24.47. AMMO has a 1 year low of $18.20 and a 1 year 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.