Sturm Ruger (RGR) Declares $0.48 Quarterly Dividend; 2.8% Yield

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Go back to Sturm Ruger (RGR) Declares $0.48 Quarterly Dividend; 2.8% Yield

Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of $1.21 Per Share and Declares Dividend of 48¢ Per Share

May 2, 2016 5:05 PM EDT

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2016 the Company reported net sales of $173.1 million and diluted earnings of $1.21 per share, compared with net sales of $137.0 million and diluted earnings of 81¢ per share in the first quarter of 2015.

The Company also announced today that its Board of Directors declared a dividend of 48¢ per share for the first quarter for stockholders of record as of May 13, 2016, payable on May 27, 2016. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per... More