Sturm, Ruger & Company, Inc. (RGR) to Issue Quarterly Dividend of $0.08 on March 31st

Sturm, Ruger & Company, Inc. (NYSE:RGRGet Free Report) announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be given a dividend of 0.08 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, March 16th. This is a 100.0% increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.04.

Sturm, Ruger & Company, Inc. has decreased its dividend by an average of 0.4%per year over the last three years. Sturm, Ruger & Company, Inc. has a payout ratio of 14.1% indicating that its dividend is sufficiently covered by earnings.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of RGR stock opened at $38.27 on Friday. The firm has a market cap of $609.99 million, a P/E ratio of -136.67 and a beta of 0.19. Sturm, Ruger & Company, Inc. has a fifty-two week low of $28.33 and a fifty-two week high of $48.21. The business’s 50 day moving average price is $37.52 and its 200-day moving average price is $37.24.

Sturm, Ruger & Company, Inc. (NYSE:RGRGet Free Report) last announced its earnings results on Monday, March 2nd. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). Sturm, Ruger & Company, Inc. had a negative net margin of 0.80% and a positive return on equity of 6.93%. The business had revenue of $151.06 million for the quarter, compared to the consensus estimate of $139.24 million. During the same quarter in the prior year, the company earned $0.62 EPS. Sturm, Ruger & Company, Inc.’s revenue was up 3.6% compared to the same quarter last year. As a group, equities analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

About Sturm, Ruger & Company, Inc.

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Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company’s product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.

See Also

Dividend History for Sturm, Ruger & Company, Inc. (NYSE:RGR)

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