Decker Manufacturing (OTCMKTS:DMFG) Stock Price Up 42.9% – Here’s What Happened

Decker Manufacturing Co. (OTCMKTS:DMFG) shares shot up 42.9% on Monday . The company traded as high as $70.00 and last traded at $70.00. 786 shares were traded during mid-day trading, an increase of 49% from the average session volume of 529 shares. The stock had previously closed at $49.00.

Decker Manufacturing Stock Performance

The stock’s 50 day simple moving average is $50.64 and its two-hundred day simple moving average is $46.33.

Decker Manufacturing Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 20th. Shareholders of record on Monday, January 13th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date was Monday, January 13th.

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.