Decker Manufacturing (OTCMKTS:DMFG) Trading Down 2.4%

Decker Manufacturing Co. (OTCMKTS:DMFG)’s share price traded down 2.4% during mid-day trading on Monday . The company traded as low as $41.00 and last traded at $41.00. 144 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 629 shares. The stock had previously closed at $42.00.

Decker Manufacturing Price Performance

The company’s 50 day moving average is $40.38 and its 200 day moving average is $39.93.

Decker Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 8th were given a dividend of $0.95 per share. The ex-dividend date of this dividend was Friday, April 5th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 9.27%.

About Decker Manufacturing

Decker Manufacturing Corporation manufactures hex nuts, weld nuts, pipe plugs, and other industrial fasteners to the automotive, agricultural, farm implement, heavy duty equipment, and construction industries. The company offers weld fasteners, nut/washer assemblies, wheel nuts, locknuts, flange nuts, and pipe/drain plugs for passenger car and truck assembly applications, powertrains, transmissions, and chassis; hex, tower, guard rail, and culvert nuts for highways, signage, bridges, and building constructions; internal engine, hitch, and trailer fasteners; and seat belts and guard rails for safety market applications.