Decker Manufacturing (OTCMKTS:DMFG) Trading Up 2% – Time to Buy?

Shares of Decker Manufacturing Co. (OTCMKTS:DMFG) rose 2% on Tuesday . The company traded as high as $51.00 and last traded at $51.00. Approximately 125 shares were traded during trading, a decline of 81% from the average daily volume of 652 shares. The stock had previously closed at $50.00.

Decker Manufacturing Stock Up 2.0 %

The business has a 50 day moving average of $47.66 and a two-hundred day moving average of $44.04.

Decker Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Monday, October 14th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend was Friday, October 11th. This is a boost from Decker Manufacturing’s previous quarterly dividend of $0.95.

Decker Manufacturing Company Profile

Decker Manufacturing Corporation manufactures hex nuts, weld nuts, pipe plugs, and other industrial fasteners to the automotive, agricultural, farm implement, heavy duty equipment, and construction industries. The company offers weld fasteners, nut/washer assemblies, wheel nuts, locknuts, flange nuts, and pipe/drain plugs for passenger car and truck assembly applications, powertrains, transmissions, and chassis; hex, tower, guard rail, and culvert nuts for highways, signage, bridges, and building constructions; internal engine, hitch, and trailer fasteners; and seat belts and guard rails for safety market applications.