Sturm, Ruger & Company, Inc. (NYSE:RGR) Plans $0.11 Quarterly Dividend

Sturm, Ruger & Company, Inc. (NYSE:RGR) announced a quarterly dividend on Wednesday, October 30th, RTT News reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.11 per share on Wednesday, November 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.08%.

Sturm, Ruger & Company, Inc. has decreased its dividend payment by an average of 5.6% per year over the last three years. Sturm, Ruger & Company, Inc. has a payout ratio of 26.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Sturm, Ruger & Company, Inc. to earn $3.17 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 24.0%.

Sturm, Ruger & Company, Inc. Stock Down 0.8 %

Shares of NYSE RGR opened at $40.83 on Thursday. The firm has a market cap of $687.99 million, a PE ratio of 21.83 and a beta of 0.16. The company’s fifty day simple moving average is $41.47 and its 200 day simple moving average is $42.70. Sturm, Ruger & Company, Inc. has a 12-month low of $40.21 and a 12-month high of $55.58.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.28 EPS for the quarter. Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The firm had revenue of $122.29 million during the quarter. On average, equities analysts predict that Sturm, Ruger & Company, Inc. will post 2.19 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.