AMMO, Inc. (POWWP) to Issue Quarterly Dividend of $0.56 on December 16th

AMMO, Inc. (NASDAQ:POWWP) announced a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Investors 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 yield of 10.24%. The ex-dividend date of this dividend is Monday, December 2nd.

AMMO Trading Down 4.4 %

Shares of POWWP stock opened at $21.84 on Friday. The business’s fifty day moving average is $21.99 and its 200-day moving average is $24.47. AMMO has a 1 year low of $18.20 and a 1 year high of $27.20.

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.