AMMO, Inc. (NASDAQ:POWWP – Get Free Report) announced a quarterly dividend on Tuesday, February 4th, Wall Street Journal reports. Stockholders 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 dividend yield of 10.24%. The ex-dividend date of this dividend is Friday, February 28th.
AMMO has increased its dividend by an average of 21.1% annually over the last three years.
AMMO Stock Performance
NASDAQ POWWP traded down $0.36 during trading hours on Wednesday, reaching $21.36. 1,283 shares of the company were exchanged, compared to its average volume of 8,069. AMMO has a 1 year low of $18.20 and a 1 year high of $27.20. The business’s 50 day simple moving average is $20.64 and its 200-day simple moving average is $22.19.
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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