AMMO, Inc. Announces Quarterly Dividend of $0.55 (NASDAQ:POWWP)

AMMO, Inc. (NASDAQ:POWWP) announced a quarterly dividend on Monday, November 20th, Wall Street Journal reports. Investors of record on Thursday, November 30th will be paid a dividend of 0.553 per share on Friday, December 15th. This represents a $2.21 annualized dividend and a dividend yield of 8.54%. The ex-dividend date is Wednesday, November 29th.

AMMO Stock Up 1.1 %

POWWP stock traded up $0.29 during midday trading on Monday, reaching $25.90. The company had a trading volume of 6,198 shares, compared to its average volume of 3,198. AMMO has a 1-year low of $21.65 and a 1-year high of $26.39. The stock has a 50 day moving average price of $24.91 and a 200-day moving average price of $24.50.

AMMO Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking 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; and Stelth Subsonic ammunition primarily for suppressed firearms.