Sturm Ruger & Company Inc (NYSE:RGR) declared a quarterly dividend on Wednesday, October 31st, RTT News reports. Stockholders of record on Friday, November 16th will be paid a dividend of 0.21 per share on Friday, November 30th. This represents a $0.84 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Thursday, November 15th.

Sturm Ruger & Company Inc has decreased its dividend by an average of 5.7% per year over the last three years. Sturm Ruger & Company Inc has a dividend payout ratio of 23.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Sturm Ruger & Company Inc to earn $3.66 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 23.0%.

Sturm Ruger & Company Inc stock opened at $57.57 on Wednesday. Sturm Ruger & Company Inc has a 52 week low of $43.00 and a 52 week high of $70.00. The stock has a market cap of $1.01 billion, a P/E ratio of 19.99 and a beta of 0.17.

Sturm Ruger & Company Inc (NYSE:RGR) last posted its earnings results on Wednesday, October 31st. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.40). Sturm Ruger & Company Inc had a return on equity of 19.95% and a net margin of 9.95%. The business had revenue of $114.95 million for the quarter, compared to analysts’ expectations of $129.80 million. During the same quarter in the previous year, the firm earned $0.53 earnings per share. Sturm Ruger & Company Inc’s quarterly revenue was up 9.7% compared to the same quarter last year. As a group, equities research analysts predict that Sturm Ruger & Company Inc will post 2.98 EPS for the current year.

Several equities analysts recently commented on RGR shares. ValuEngine upgraded Sturm Ruger & Company Inc from a “hold” rating to a “buy” rating in a research report on Wednesday, August 29th. Zacks Investment Research upgraded Sturm Ruger & Company Inc from a “sell” rating to a “hold” rating in a research report on Wednesday, July 25th.

In related news, Director Amir Rosenthal sold 3,500 shares of the business’s stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $65.00, for a total transaction of $227,500.00. Following the completion of the transaction, the director now directly owns 11,974 shares in the company, valued at $778,310. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Thomas Patrick Sullivan sold 3,000 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $54.10, for a total value of $162,300.00. Following the transaction, the vice president now owns 37,810 shares of the company’s stock, valued at $2,045,521. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: This report was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at

About Sturm Ruger & Company Inc

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. The company 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.

See Also: Why Dividend Stocks May Be Right for You

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

Receive News & Ratings for Sturm Ruger & Company Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sturm Ruger & Company Inc and related companies with's FREE daily email newsletter.