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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