AMMO, Inc. (NASDAQ:POWWP) Plans $0.55 Quarterly Dividend

AMMO, Inc. (NASDAQ:POWWPGet Free Report) declared a quarterly dividend on Tuesday, May 6th, NASDAQ Dividends reports. Stockholders of record on Sunday, June 1st will be given a dividend of 0.5469 per share on Monday, June 16th. This represents a $2.19 annualized dividend and a dividend yield of 9.74%. The ex-dividend date of this dividend is Friday, May 30th.

AMMO has raised its dividend by an average of 21.1% annually over the last three years.

AMMO Stock Down 3.6%

Shares of NASDAQ:POWWP opened at $22.45 on Wednesday. The stock’s 50-day moving average price is $22.23 and its 200-day moving average price is $21.41. AMMO has a 12-month low of $18.20 and a 12-month high of $27.20.

AMMO Company Profile

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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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Dividend History for AMMO (NASDAQ:POWWP)

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