Sturm, Ruger & Company, Inc. (NYSE:RGR) Declares Quarterly Dividend of $0.08

Sturm, Ruger & Company, Inc. (NYSE:RGR) announced a quarterly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be paid a dividend of 0.08 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 16th. This is a 100.0% increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.04.

Sturm, Ruger & Company, Inc. has decreased its dividend by an average of 0.0%per year over the last three years. Sturm, Ruger & Company, Inc. has a dividend payout ratio of 7.0% meaning its dividend is sufficiently covered by earnings.

Sturm, Ruger & Company, Inc. Price Performance

RGR stock traded up $0.79 during trading on Wednesday, reaching $39.00. 70,425 shares of the company were exchanged, compared to its average volume of 181,194. The company has a market capitalization of $621.66 million, a price-to-earnings ratio of -139.29 and a beta of 0.19. The company has a 50-day moving average of $36.61 and a two-hundred day moving average of $37.06. Sturm, Ruger & Company, Inc. has a twelve month low of $28.33 and a twelve month high of $48.21.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its earnings results on Monday, March 2nd. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). Sturm, Ruger & Company, Inc. had a positive return on equity of 6.85% and a negative net margin of 0.80%.The firm’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.62 EPS. On average, analysts forecast that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company’s product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.