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

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

Decker Manufacturing Stock Up 2.0 %

The stock’s fifty day moving average price is $47.66 and its 200-day moving average price is $44.04.

Decker Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 14th were given a dividend of $1.00 per share. 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. This represents a $4.00 annualized dividend and a yield of 7.84%.

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.