Sturm, Ruger & Company, Inc. (NYSE:RGR – Get 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.
About Sturm, Ruger & Company, Inc.
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
- Five stocks we like better than Sturm, Ruger & Company, Inc.
- A personal warning from Martin Weiss (Please read)
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Forget oil — this changes everything about American energy…
- This coin has everything going for it
- Only 500 people today…
Receive News & Ratings for Sturm Ruger & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sturm Ruger & Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
