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AMMO, Inc. Announces Preferred Stock Dividend

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AMMO, Inc. (Nasdaq: POWW, POWWP), owner of GunBroker.com and a leading producer of high-performance ammunition, has announced a cash dividend for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. Shareholders of record as of August 31, 2024 will receive a dividend of $0.55902778 per share, payable on September 16, 2024. This announcement demonstrates AMMO's commitment to providing returns to its preferred stockholders and reflects the company's financial stability in the firearms and shooting sports industry.

AMMO, Inc. (Nasdaq: POWW, POWWP), proprietaria di GunBroker.com e uno dei principali produttori di munizioni ad alte prestazioni, ha annunciato un dividendo in contante per i possessori delle sue azioni privilegiate cumulative rimborsabili perpetue di Serie A al 8,75%. Gli azionisti registrati al 31 agosto 2024 riceveranno un dividendo di $0.55902778 per azione, pagabile il 16 settembre 2024. Questo annuncio dimostra l'impegno di AMMO a garantire ritorni ai suoi azionisti privilegiati e riflette la stabilità finanziaria dell'azienda nel settore delle armi e degli sport di tiro.

AMMO, Inc. (Nasdaq: POWW, POWWP), propietario de GunBroker.com y uno de los principales productores de municiones de alto rendimiento, ha anunciado un dividendo en efectivo para los titulares de su acción preferente acumulativa redimible perpétua de serie A al 8.75%. Los accionistas registrados hasta el 31 de agosto de 2024 recibirán un dividendo de $0.55902778 por acción, pagadero el 16 de septiembre de 2024. Este anuncio demuestra el compromiso de AMMO con la entrega de retornos a sus accionistas preferentes y refleja la estabilidad financiera de la empresa en la industria de armas y deportes de tiro.

AMMO, Inc. (Nasdaq: POWW, POWWP)는 GunBroker.com의 소유주이자 고성능 탄약의 주요 제조업체로, 8.75% 시리즈 A 누적 상환 가능 영구 우선주를 보유한 주주들에게 현금 배당금을 발표했습니다. 2024년 8월 31일 기준 주주주당 $0.55902778의 배당금을 받을 것이며, 이는 2024년 9월 16일에 지급됩니다. 이번 발표는 AMMO가 우선주 주주에게 수익을 제공하겠다는 의지를 보여주며, 총격 스포츠 산업에서 회사의 재정적 안정을 반영합니다.

AMMO, Inc. (Nasdaq: POWW, POWWP), propriétaire de GunBroker.com et l'un des principaux producteurs de munitions de haute performance, a annoncé un dividende en espèces pour les détenteurs de ses actions préférentielles cumulatives remboursables perpétuelles de série A à 8,75 %. Les actionnaires inscrits au 31 août 2024 recevront un dividende de 0,55902778 $ par action, payable le 16 septembre 2024. Cette annonce démontre l'engagement d'AMMO à fournir des rendements à ses actionnaires privilégiés et reflète la stabilité financière de l'entreprise dans l'industrie des armes à feu et des sports de tir.

AMMO, Inc. (Nasdaq: POWW, POWWP), Eigentümer von GunBroker.com und ein führender Hersteller von Hochleistungsmunition, hat eine Barausschüttung für die Inhaber seiner 8,75% Serie A kumulierten rückzahlbaren perpetuellen Vorzugsaktien angekündigt. Aktionäre, die am 31. August 2024 registriert sind, erhalten eine Ausschüttung von $0.55902778 pro Aktie, zahlbar am 16. September 2024. Diese Ankündigung zeigt AMMOs Engagement, seinen bevorrechtigten Aktionären Renditen zu bieten, und spiegelt die finanzielle Stabilität des Unternehmens in der Waffen- und Schießsportindustrie wider.

Positive
  • Dividend payment of $0.55902778 per Series A Preferred Stock share
  • Demonstrates ability to provide returns to preferred stockholders
  • Indicates financial stability in the firearms and shooting sports industry
Negative
  • None.

SCOTTSDALE, Ariz., Aug. 20, 2024 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on August 31, 2024 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share. The cash dividend will be paid on September 16, 2024.

About AMMO, Inc.

With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense. The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes its own branded munitions, including its patented STREAK Visual Ammunition, /stelTH/™ subsonic munitions, and armor piercing rounds for military use. For more information, please visit: www.ammo-inc.com.

About GunBroker.com

GunBroker.com is the largest online marketplace dedicated to firearms, hunting, shooting and related products. Aside from merchandise bearing its logo, GunBroker.com currently sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents. Launched in 1999, GunBroker.com is an informative, secure and safe way to buy and sell firearms, ammunition, air guns, archery equipment, knives and swords, firearms accessories and hunting/shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms. For more information, please visit: www.gunbroker.com.

Forward Looking Statements

This document contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies, goals and objectives of management for future operations; any statements concerning proposed new products and services or developments thereof; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.

Forward looking statements may include the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words, or the negative thereof. These forward-looking statements present our estimates and assumptions only as of the date of this report. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. We do not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the dates they are made. You should, however, consult further disclosures and risk factors we include in Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports filed on Form 8-K.

Investor Contact:
CoreIR
Phone: (212) 655-0924
IR@ammo-inc.com

Source: AMMO, Inc.


FAQ

What is the dividend amount for AMMO Inc's (POWW) Series A Preferred Stock?

AMMO Inc (POWW) has announced a cash dividend of $0.55902778 per share for its Series A Preferred Stock.

When is the record date for AMMO Inc's (POWW) preferred stock dividend?

The record date for AMMO Inc's (POWW) preferred stock dividend is August 31, 2024.

What is the payment date for AMMO Inc's (POWW) preferred stock dividend?

The payment date for AMMO Inc's (POWW) preferred stock dividend is September 16, 2024.

What is the annual dividend rate for AMMO Inc's (POWW) Series A Preferred Stock?

AMMO Inc's (POWW) Series A Preferred Stock has an 8.75% annual dividend rate.

AMMO, Inc.

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Aerospace & Defense
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States of America
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