AMMO, Inc. Announces Preferred Stock Dividend
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AMMO, Inc. announced a cash dividend for its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, with holders of record as of December 2, 2024, receiving $0.55902778 per share, payable on December 16, 2024.
November 22, 2024 | 10:15 pm
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AMMO, Inc. declared a cash dividend for its Series A Preferred Stock, which may attract income-focused investors and potentially stabilize the stock price.
The announcement of a cash dividend for AMMO's Series A Preferred Stock is likely to attract income-focused investors, which could lead to a positive short-term impact on the stock price. Dividends are often seen as a sign of financial health and can stabilize or increase stock prices.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80