AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Wednesday, February 11th. Investors of record on Sunday, March 1st will be given a dividend of 0.5469 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Friday, February 27th.
AMMO Stock Up 0.7%
Shares of AMMO stock opened at $24.28 on Friday. AMMO has a one year low of $19.94 and a one year high of $24.75. The business’s 50 day simple moving average is $24.05 and its two-hundred day simple moving average is $24.02.
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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