AMMO, Inc. (POWWP) To Go Ex-Dividend on August 30th

AMMO, Inc. (NASDAQ:POWWP) announced a quarterly dividend on Tuesday, August 6th, Wall Street Journal reports. Shareholders of record on Saturday, August 31st will be given a dividend of 0.559 per share on Monday, September 16th. This represents a $2.24 dividend on an annualized basis and a yield of 8.69%. The ex-dividend date is Friday, August 30th. This is an increase from AMMO’s previous quarterly dividend of $0.56.

AMMO Trading Down 0.7 %

Shares of POWWP traded down $0.17 during mid-day trading on Wednesday, reaching $25.73. The company had a trading volume of 155 shares, compared to its average volume of 2,569. AMMO has a twelve month low of $21.91 and a twelve month high of $27.00. The company’s 50-day moving average is $25.29 and its 200-day moving average is $25.68.

About AMMO

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking 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; and Stelth Subsonic ammunition primarily for suppressed firearms.