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

AMMO, Inc. (NASDAQ:POWWP) declared a quarterly dividend on Wednesday, November 12th. Investors of record on Monday, December 1st will be paid a dividend of 0.5469 per share on Monday, December 15th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Monday, December 1st.

AMMO Stock Up 0.1%

POWWP traded up $0.02 during trading hours on Wednesday, hitting $24.16. The company’s stock had a trading volume of 1,495 shares, compared to its average volume of 3,766. The company has a 50-day simple moving average of $24.06 and a 200 day simple moving average of $23.41. AMMO has a fifty-two week low of $18.46 and a fifty-two week high of $24.75.

AMMO (NASDAQ:POWWP) last announced its quarterly earnings results on Monday, February 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $16.62 million for the quarter.

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.