Sturm Ruger (RGR) Raises Quarterly Dividend 2.1% to $0.49; 2.8% Yield
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Sturm, Ruger & Company, Inc. Reports Second Quarter Diluted Earnings of $1.22 Per Share and Declares Dividend of 49¢ Per Share
August 2, 2016 5:05 PM EDTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the second quarter of 2016 the Company reported net sales of $167.9 million and diluted earnings of $1.22 per share, compared with net sales of $140.9 million and diluted earnings of 91¢ per share in the second quarter of 2015.
For the six months ended July 2, 2016, net sales were $341.1 million and fully diluted earnings were $2.44 per share. For the corresponding period in 2015, net sales were $277.8 million and fully diluted earnings were $1.71 per share.
The Company also announced today that its Board of Directors declared a dividend of 49¢... More
