AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Wednesday, August 12th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.5469 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date is Tuesday, September 1st.
AMMO Price Performance
Shares of AMMO stock opened at $23.85 on Friday. AMMO has a fifty-two week low of $22.75 and a fifty-two week high of $25.50. The business’s fifty day moving average is $24.21 and its two-hundred day moving average is $24.39.
About AMMO
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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