AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Wednesday, February 19th,Wall Street Journal reports. Shareholders of record on Saturday, March 1st will be paid a dividend of 0.5469 per share on Monday, March 17th. This represents a $2.19 dividend on an annualized basis and a yield of 10.87%. The ex-dividend date of this dividend is Friday, February 28th.
AMMO has raised its dividend payment by an average of 21.1% per year over the last three years.
AMMO Price Performance
NASDAQ POWWP traded down $2.35 during trading on Wednesday, reaching $20.12. The company’s stock had a trading volume of 69,072 shares, compared to its average volume of 6,941. The firm has a fifty day moving average of $20.59 and a 200 day moving average of $22.31. AMMO has a one year low of $18.20 and a one year high of $27.20.
About AMMO
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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