Sturm, Ruger & Company, Inc. (NYSE:RGR) to Issue Quarterly Dividend of $0.24

Sturm, Ruger & Company, Inc. (NYSE:RGR) declared a quarterly dividend on Wednesday, February 19th,RTT News reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.24 per share on Friday, March 28th. This represents a $0.96 annualized dividend and a yield of 2.71%. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11.

Sturm, Ruger & Company, Inc. has decreased its dividend by an average of 41.0% per year over the last three years.

Sturm, Ruger & Company, Inc. Trading Up 1.0 %

RGR stock traded up $0.34 during mid-day trading on Wednesday, hitting $35.45. The stock had a trading volume of 129,809 shares, compared to its average volume of 127,762. Sturm, Ruger & Company, Inc. has a 1-year low of $34.11 and a 1-year high of $48.20. The company has a fifty day moving average of $35.59 and a 200 day moving average of $38.88. The stock has a market capitalization of $595.12 million, a price-to-earnings ratio of 20.49 and a beta of 0.18.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates under the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.