AMMO, Inc. Announces Cash Dividend for Holders of Record of Series A Preferred Stock
Scottsdale, Ariz. – February 18, 2025 – AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the leading player in the firearms industry with GunBroker.com, the largest online marketplace, and a prominent producer of high-performance ammunition and components, has made an important announcement regarding its Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”).
Impact on Shareholders
According to the press release, shareholders of record as of March 1, 2025, will receive a cash dividend worth $0.546875 per Series A Preferred Stock share. This dividend is payable on March 17, 2025.
This cash dividend represents a significant return for investors holding the Series A Preferred Stock. The dividend rate of 8.75% is relatively high compared to many other investment vehicles. Furthermore, the fact that it is a cumulative preferred stock means that any dividends that have been missed in the past must be paid before common shareholders receive any dividends.
Global Implications
The cash dividend announcement by AMMO, Inc. could have a ripple effect on the broader financial markets, particularly in the firearms industry. The dividend payment underscores the financial strength and stability of AMMO, Inc., which could lead to increased investor confidence in the company and the sector as a whole.
Additionally, the dividend payment could positively impact the firearms industry as a whole. The stability and growth of companies like AMMO, Inc. could lead to increased investment in the sector, driving innovation and growth.
Furthermore, the cash dividend could have a broader economic impact. As investors receive their dividend payments, they may choose to reinvest the funds or spend them on goods and services, which could boost economic activity and job creation.
Conclusion
In conclusion, AMMO, Inc.’s announcement of a cash dividend for holders of record of its Series A Preferred Stock is a positive development for the company and its investors. The dividend rate of 8.75% is an attractive return for investors, and the fact that it is a cumulative preferred stock ensures that past dividends will be paid. The dividend payment could also have broader implications for the firearms industry and the economy as a whole.
As a responsible and professional assistant, I cannot provide definitive answers about how this will specifically impact you without more information. However, I can encourage you to consult with a financial advisor or investment professional to discuss the potential implications of this announcement for your personal financial situation.
For the latest updates on AMMO, Inc. and the firearms industry, stay tuned to reputable financial news sources and the company’s official communications.
