AMMO, Inc. (NASDAQ:POWWP) Announces Quarterly Dividend of $0.56

AMMO, Inc. (NASDAQ:POWWP) announced a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.559 per share on Monday, December 16th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date of this dividend is Monday, December 2nd.

AMMO Price Performance

NASDAQ POWWP opened at $21.84 on Friday. The company has a 50 day simple moving average of $21.99 and a 200-day simple moving average of $24.47. AMMO has a 52-week low of $18.20 and a 52-week high of $27.20.

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.