AMMO, Inc. (NASDAQ:POWWP – Get Free Report) announced a quarterly dividend on Thursday, February 12th. Investors of record on Sunday, March 1st will be paid a dividend of 0.5469 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, February 27th.
AMMO Price Performance
POWWP stock traded up $0.18 during trading on Thursday, reaching $24.28. 2,639 shares of the company were exchanged, compared to its average volume of 2,413. The company has a 50-day moving average of $24.05 and a two-hundred day moving average of $24.01. AMMO has a twelve month low of $19.94 and a twelve month high of $24.75.
AMMO Company Profile
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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