AMMO, Inc. (NASDAQ:POWWP – Get Free Report) declared a quarterly dividend on Thursday, August 13th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.5469 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Tuesday, September 1st.
AMMO Price Performance
AMMO stock traded up $0.11 during trading hours on Thursday, hitting $24.61. 12,529 shares of the stock were exchanged, compared to its average volume of 3,452. AMMO has a 12 month low of $22.90 and a 12 month high of $25.50. The business’s 50-day moving average is $24.15 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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