Sturm, Ruger & Company, Inc. Trades Ex-Dividend on March 14th
Sturm, Ruger & Company, Inc.'s upcoming ex-dividend date is just four days away, with investors set to miss out on a US$0.24 per share dividend if they purchase the stock after the cut-off date. The company has maintained a stable payout ratio of 39% of profit and a comfortable cash flow coverage rate, suggesting that the dividend is sustainable. However, stagnant earnings over the past five years pose a risk to the long-term sustainability of the dividend.
- The relatively low dividend yield of 1.8% compared to other stocks in its industry may make Sturm Ruger less attractive to income-seeking investors.
- Will the company's ability to maintain its dividend payments and continue growing its earnings be enough to convince investors to hold onto their shares during a potentially uncertain economic environment?