Thursday, 15 November 2012

Sturm, Ruger & Co: Bulls Win Over Bears For This Gun Stock

Sturm, Ruger & Co (RGR) posted impressive performance figures in its third quarter's earnings release. The company topped both revenue and earnings' estimates. Both gun manufacturers and gun stock investors have been enjoying positive surprises in this election year the same way they benefited back in 2009. In the last three quarters, the company topped all of its earnings' estimates.
The company pays a healthy dividend yield of 3.39%. The dividend varies every quarter as the company has a policy of paying dividend as a percent of earnings rather than a fixed amount. The current percentage is 40% of net income, and the company has no debt. Cash reserves were up by $24 million from December 2011, ending up at $105.1 million. Find more 

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