Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) declared a quarterly dividend on Wednesday, February 19th, RTT News reports. Shareholders 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 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Friday, March 14th. This is a boost 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% annually over the last three years.
Sturm, Ruger & Company, Inc. Stock Performance
Shares of NYSE RGR traded down $0.18 during mid-day trading on Friday, hitting $39.63. 266,479 shares of the stock were exchanged, compared to its average volume of 138,463. 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 simple moving average is $35.66 and its two-hundred day simple moving average is $38.79. The company has a market cap of $664.35 million, a P/E ratio of 22.39 and a beta of 0.18.
Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.62 earnings per share for the quarter, meeting analysts' consensus estimates of $0.62. Sturm, Ruger & Company, Inc. had a return on equity of 9.49% and a net margin of 5.70%. The firm had revenue of $145.78 million during the quarter, compared to analysts' expectations of $137.77 million. During the same period last year, the firm posted $0.58 EPS. As a group, equities research analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current fiscal year.
About Sturm, Ruger & Company, Inc.
(
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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.
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