Outdoor Holding Company Declares Preferred Stock Dividend
SCOTTSDALE, Ariz. — Outdoor Holding Company (NASDAQ: POWW, POWWP) is excited to announce a cash dividend for the holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend is set at $0.546875 per share, rewarding shareholders who hold the stock as of the close of business on a specified date. The payment is scheduled for mid-September of this year.
Company Overview
Outdoor Holding Company, commonly abbreviated as OHC, has established itself as a key player in the outdoor and shooting sports sectors. As the proud owner of GunBroker.com, the largest online marketplace for firearms, the company continues to solidify its position as a vertically integrated producer of high-performance ammunition and related components.
About GunBroker.com
Launched in 1999, GunBroker.com serves as a vital platform for the buying and selling of firearms, hunting gear, and shooting supplies. Rather than selling items directly, GunBroker.com facilitates transactions between third-party sellers, ensuring compliance with all federal and state regulations governing firearm sales. This innovative approach allows for a diverse range of products in a safe and secure online environment. By promoting responsible gun ownership, GunBroker.com is dedicated to providing valuable resources and guidance for all enthusiasts.
The Importance of Preferred Stock Dividends
Preferred stock dividends represent a crucial aspect of investment strategy, particularly for shareholders looking for stable returns. By declaring a dividend, Outdoor Holding Company demonstrates its ongoing commitment to providing value to its investors. This strategic financial decision not only signifies the company's profitability but also assures stockholders of its commitment to shareholder satisfaction.
Financial Stability and Growth Potential
The robust performance of Outdoor Holding Company highlights its potential for long-term growth. With an increasing customer base and a comprehensive suite of products and services, the company is well-positioned to thrive in the growing outdoor and shooting sports market. The recent announcement further reinforces confidence in its strong financial health and future prospects.
Contact Information for Investors
Investors seeking further information about the company and its offerings can reach out via the following contact. CoreIR is the firm managing investor relations, and they can be contacted at 212-655-0924 or via email at IR@ammo-inc.com. They are prepared to answer any inquiries and provide additional insights into Outdoor Holding Company’s operations and strategic direction.
Frequently Asked Questions
What is the dividend amount for Outdoor Holding Company’s preferred stock?
The dividend amount is set at $0.546875 per share of the 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
Who qualifies for the dividend payment from Outdoor Holding Company?
The dividend will be paid to holders of record of the preferred stock as of a specified date prior to the payment.
When is the dividend payment scheduled to be made?
The cash dividend is scheduled to be paid in mid-September of the current year.
What does Outdoor Holding Company do?
Outdoor Holding Company owns GunBroker.com and operates in the firearms and shooting sports industries as well as producing high-performance ammunition.
How can investors contact Outdoor Holding Company for more information?
Investors can contact CoreIR at 212-655-0924 or via email at IR@ammo-inc.com for inquiries.
