Be careful of this though, with Sturm Ruger (RGR).... this is a VARIABLE dividend. I'm only bringing it up here because of the investing 102 aspect for knowledge....
The Company also announced today that its Board of Directors declared a dividend of 40.4¢ per share for the fourth quarter, for shareholders of record as of March 8, 2013, payable on March 22, 2013. This dividend varies every quarter because the Company pays a percent of earnings rather than a fixed amount per share. This dividend is approximately 40% of net income.
You could be a big winner -- ala the special dividend paid back in December -- or the idiots in Washington DC decide to do something stupid regarding guns and it puts a big crimp in sales for a couple quarters. However... this appears to be a well run company - has a great quality product... and appears to be very shareholder friendly. Those are all good qualities to have in any company!
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