Decker Manufacturing (OTCMKTS:DMFG) Trading Up 42.9% – Time to Buy?

Decker Manufacturing Co. (OTCMKTS:DMFGGet Free Report)’s share price rose 42.9% during trading on Monday . The stock traded as high as $70.00 and last traded at $70.00. Approximately 786 shares were traded during mid-day trading, an increase of 49% from the average daily volume of 529 shares. The stock had previously closed at $49.00.

Decker Manufacturing Price Performance

The stock has a 50-day simple moving average of $50.64 and a 200-day simple moving average of $46.33.

Decker Manufacturing Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 20th. Investors of record on Monday, January 13th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 5.71%. The ex-dividend date was Monday, January 13th.

About Decker Manufacturing

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Decker Manufacturing Corporation manufactures hex nuts, weld nuts, pipe plugs, and other industrial fasteners to the automotive, agricultural, farm implement, heavy duty equipment, and construction industries. The company offers weld fasteners, nut/washer assemblies, wheel nuts, locknuts, flange nuts, and pipe/drain plugs for passenger car and truck assembly applications, powertrains, transmissions, and chassis; hex, tower, guard rail, and culvert nuts for highways, signage, bridges, and building constructions; internal engine, hitch, and trailer fasteners; and seat belts and guard rails for safety market applications.

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