AMMO's Series A Preferred Stock Crosses Above 8.5% Yield Territory
May 06, 2024 at 14:09 PM EDT
In trading on Monday, shares of AMMO Inc's 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.2118), with shares changing hands as low as $25.54 on the day. This compares to an average yield of 18.69% in the "Consumer Goods" preferred stock category, according to Preferred Stock Channel..
