Sturm, Ruger & Company cuts dividend by 8.2%
Sturm, Ruger & Co., Inc, one of the nation’s leading manufacturers of rugged, reliable firearms for the commercial sporting market, will pay a quarterly dividend of $0.45 vs. $0.49 in the previous quarter. This dividend varies every quarter because the Company pays a percent of earnings rather than a fixed amount per share. This dividend is approximately 40% of net income. The current indicated dividend yield for Sturm Ruger is 3.2%.