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home / news releases / POWWP - 8.7% 'Qualified Dividend' On A Preferred Stock From Very Stable Company: AMMO

POWWP - 8.7% 'Qualified Dividend' On A Preferred Stock From Very Stable Company: AMMO

AMMO Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock
  • Not surprisingly, AMMO Incorporated is in the business of producing ammunition.
  • POWW recently issued a new high-yield and qualified dividend-paying preferred stock with an 8.75% coupon – ticker symbol POWWP.
  • Given POWW’s very low leverage and rapidly increasing sales, we find this new preferred stock to be very attractive and undervalued.
  • An 8.3% cumulative “qualified” current yield.

For further details see:

8.7% 'Qualified Dividend' On A Preferred Stock From Very Stable Company: AMMO
Stock Information
Company Name: AMMO Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock
Stock Symbol: POWWP
Market: NASDAQ
Website: ammoinc.com
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