Sturm Ruger & Company Inc to Issue Quarterly Dividend of $0.14 (NYSE:RGR)

Sturm Ruger & Company Inc (NYSE:RGR) declared a quarterly dividend on Wednesday, July 31st, RTT News reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.14 per share on Friday, August 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Wednesday, August 14th.

Sturm Ruger & Company Inc has a dividend payout ratio of 15.6% meaning its dividend is sufficiently covered by earnings.

Shares of NYSE RGR opened at $42.76 on Tuesday. The company has a fifty day moving average price of $52.32. The company has a quick ratio of 4.17, a current ratio of 5.13 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $738.76 million, a price-to-earnings ratio of 18.37 and a beta of 0.40. Sturm Ruger & Company Inc has a one year low of $41.45 and a one year high of $70.00.

Sturm Ruger & Company Inc (NYSE:RGR) last issued its earnings results on Wednesday, July 31st. The company reported $0.35 EPS for the quarter. Sturm Ruger & Company Inc had a return on equity of 15.26% and a net margin of 9.13%. The business had revenue of $96.33 million during the quarter.

Separately, TheStreet lowered Sturm Ruger & Company Inc from a “b-” rating to a “c” rating in a research note on Wednesday, August 7th.

Sturm Ruger & Company Inc Company Profile

Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. It offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.

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Dividend History for Sturm Ruger & Company Inc (NYSE:RGR)

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