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. Investors of record on Friday, March 14th will be given 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 a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11.

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

Sturm, Ruger & Company, Inc. Stock Performance

NYSE:RGR traded up $0.34 during trading hours on Wednesday, hitting $35.45. 129,809 shares of the company’s stock traded hands, compared to its average volume of 127,762. The firm has a market cap of $595.12 million, a P/E ratio of 20.49 and a beta of 0.18. Sturm, Ruger & Company, Inc. has a twelve month low of $34.11 and a twelve month high of $48.20. The stock’s fifty day moving average price is $35.59 and its two-hundred day moving average price is $38.88.

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.