AMMO, Inc. (NASDAQ:POWWP) Announces $0.56 Quarterly Dividend

AMMO, Inc. (NASDAQ:POWWP) declared a quarterly dividend on Tuesday, November 26th,Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.559 per share on Monday, December 16th. This represents a $2.24 annualized dividend and a dividend yield of 10.37%. The ex-dividend date is Monday, December 2nd.

AMMO Stock Performance

Shares of POWWP traded down $0.26 during mid-day trading on Tuesday, reaching $21.57. The stock had a trading volume of 3,244 shares, compared to its average volume of 3,445. AMMO has a 12 month low of $18.20 and a 12 month high of $27.20. The business has a fifty day moving average of $22.21 and a 200 day moving average of $24.52.

AMMO Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring 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; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.