AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Tuesday, February 4th, Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a yield of 10.10%. The ex-dividend date is Friday, February 28th.
AMMO has raised its dividend payment by an average of 21.1% annually over the last three years.
AMMO Stock Down 0.7 %
Shares of POWWP stock opened at $21.65 on Wednesday. The firm’s 50-day simple moving average is $20.64 and its two-hundred day simple moving average is $22.19. AMMO has a 52 week low of $18.20 and a 52 week 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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