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

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

Decker Manufacturing Stock Performance

The firm has a 50 day simple moving average of $49.84 and a two-hundred day simple moving average of $45.99.

Decker Manufacturing Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 20th. Investors 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 dividend yield of 5.71%. The ex-dividend date of this dividend 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.