Sturm Ruger (RGR) Declares $0.16 Quarterly Dividend; 1.4% Yield
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Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of 40¢ Per Share and Declares Quarterly Dividend of 16¢ Per Share
May 7, 2024 5:05 PM EDTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2024, net sales were $136.8 million and diluted earnings were 40¢ per share. For the corresponding period in 2023, net sales were $149.5 million and diluted earnings were 81¢ per share.
The Company also announced today that its Board of Directors declared a dividend of 16¢ per share for the first quarter for stockholders of record as of May 20, 2024, payable on June 7, 2024. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per share. This dividend is approximately 40%... More
