Outdoor Holding Company Announces Cash Dividend for Series A Preferred Stock
Outdoor Holding Company has declared a cash dividend of $0.546875 for holders of its Series A Preferred Stock. This payout is scheduled for June 16, 2025.
Company Overview
Headquartered in Scottsdale, Arizona, Outdoor Holding Company is the parent firm of GunBroker.com, the leading online marketplace in the firearms and shooting sports sectors. The company will disburse a cash dividend of $0.546875 per share to shareholders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock as of June 1, 2025. The announcement includes a standard disclaimer regarding forward-looking statements that may outline management’s expectations and plans.
Potential Positives
- The cash dividend of $0.546875 per share illustrates the company’s commitment to returning value to investors.
- Payment scheduled for June 16, 2025, indicates financial stability and company profitability.
- Owning GunBroker.com highlights the company’s leading position in a specialized market within the firearms industry.
- Emphasis on regulatory compliance enhances the company’s reputation among consumers and regulatory bodies.
Potential Negatives
- The dividend may signal challenges in generating strong cash flows from core operations, potentially relying on dividends to attract investor interest.
- The caution regarding forward-looking statements suggests some uncertainty about future performance.
- The mention of regulatory compliance could draw negative attention amid ongoing debates about gun safety and control.
Frequently Asked Questions
What is the cash dividend amount for Series A Preferred Stock?
The cash dividend for Series A Preferred Stock is $0.546875 per share.
When will the cash dividend for Series A Preferred Stock be paid?
The cash dividend will be paid on June 16, 2025.
What is Outdoor Holding Company known for?
Outdoor Holding Company is recognized for owning GunBroker.com and for producing high-performance ammunition and related components.
What kind of products does GunBroker.com sell?
GunBroker.com offers firearms, ammunition, air guns, and various outdoor products listed by third-party sellers.
Where is Outdoor Holding Company’s headquarters located?
Outdoor Holding Company’s headquarters is situated in Scottsdale, Arizona.
Disclaimer: This summary is generated from a press release distributed by GlobeNewswire and may contain inaccuracies. For the complete release, please refer to the original source.
Hedge Fund Activity
In the recent quarter, 58 institutional investors acquired shares of $POWW, while 48 reduced their holdings.
Notable recent changes include:
- KANEN WEALTH MANAGEMENT LLC increased its holdings by 3,702,523 shares, estimated at $5,109,481.
- JB CAPITAL PARTNERS LP added 550,000 shares, totaling approximately $605,000.
- BRIDGEWAY CAPITAL MANAGEMENT, LLC cut its holdings by 295,783 shares, valued around $325,361.
- DIMENSIONAL FUND ADVISORS LP reduced its position by 212,420 shares, estimated at $233,662.
- DEUTSCHE BANK AG raised its holdings by 200,771 shares, worth about $220,848.
- SUSQUEHANNA INTERNATIONAL GROUP, LLP increased its position by 182,178 shares, valued at approximately $200,395.
- ROYAL CAPITAL WEALTH MANAGEMENT, LLC decreased its holdings by 157,595 shares, valued around $173,354.
Full Release
SCOTTSDALE, Ariz., May 09, 2025 (GLOBE NEWSWIRE) — Outdoor Holding Company (Nasdaq: POWW, POWWP) has announced that shareholders of record for the 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock as of June 1, 2025, will receive a cash dividend of $0.546875 per share. This dividend is to be paid on June 16, 2025.
About Outdoor Holding Company: Located in Scottsdale, Arizona, Outdoor Holding Company is publicly traded and owns subsidiaries that serve outdoor enthusiasts, including GunBroker.com.
About GunBroker.com: As the largest online marketplace for firearms and related products, GunBroker.com allows third-party sellers to list items for sale under regulated conditions. The platform supports responsible gun ownership and compliance with relevant laws.
Forward-Looking Statements: This document features forward-looking statements regarding future company performance and plans. These estimates are as of the publication date and should not be overly relied upon.
Investor Contact:
CoreIR
Phone: (212) 655-0924
[email protected]
Source: Outdoor Holding Company
The views expressed here do not necessarily reflect those of Nasdaq, Inc.
