AMMO, Inc. to Issue Quarterly Dividend of $0.55 (NASDAQ:POWWP)

AMMO, Inc. (NASDAQ:POWWPGet Free Report) announced a quarterly dividend on Wednesday, August 12th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.5469 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Tuesday, September 1st.

AMMO Stock Up 0.4%

POWWP stock opened at $24.61 on Friday. AMMO has a 12 month low of $22.90 and a 12 month high of $25.50. The company has a 50-day moving average price of $24.15 and a 200 day moving average price of $24.39.

AMMO Company Profile

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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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Dividend History for AMMO (NASDAQ:POWWP)

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