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

Sturm, Ruger & Company, Inc. (NYSE:RGR) announced 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 dividend on an annualized basis 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 by an average of 41.0% annually over the last three years.

Sturm, Ruger & Company, Inc. Price Performance

NYSE:RGR opened at $35.45 on Thursday. The stock has a market cap of $595.12 million, a PE ratio of 20.49 and a beta of 0.18. Sturm, Ruger & Company, Inc. has a fifty-two week low of $34.11 and a fifty-two week high of $48.20. The stock’s 50-day moving average is $35.53 and its two-hundred day moving average is $38.80.

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.