Lokmar
20k+⚡Milestone
- Reaction score
- 3,441
- Location
- Springfield
The string of record results also enabled the gunmaker to generate $49 million in net income, up from $343,000 last year; provide $25 million in seed money to American Outdoor Brands when it ; repay the final $25 million on its revolving loan; and left it with zero debt and $55 million in cash.
Smith & Wesson also began paying a dividend of $0.05 per share this fiscal year, which currently yields a modest 1.3% annually.
