AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Monday, May 18th. Investors of record on Monday, June 1st will be paid a dividend of 0.5469 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Monday, June 1st.
AMMO Price Performance
POWWP traded down $0.13 during trading on Monday, reaching $24.73. 2,825 shares of the stock were exchanged, compared to its average volume of 4,357. AMMO has a twelve month low of $21.50 and a twelve month high of $25.50. The stock’s 50 day moving average price is $24.65 and its two-hundred day moving average price is $24.33.
About AMMO
AMMO, Inc is a holding company organized in 2019 as a spin-off from Vista Outdoor and trades on the NASDAQ under the ticker POWWP. Through its subsidiaries, the company specializes in the design, manufacturing and marketing of ammunition and propellant powders for commercial, law enforcement and military customers. AMMO, Inc’s primary operating unit, Black Hills Ammunition, offers a range of premium cartridges in common and specialty calibers, while Bridgeport Powder manufactures a portfolio of smokeless propellants.
The company’s products cater to sport shooters, hunters, competitive marksmen and professional users.
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