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R STURM , RUGER & CO . , INC . 1 LACEY PLACE , SOUTHPORT , CT 06890 U.S.A. ( 203 ) 259-7843 . WWW.RUGER.COM RGR FOR IMMEDIATE RELEASE STURM , RUGER & COMPANY , INC . REPORTS THIRD QUARTER DILUTED EARNINGS OF $ 1.98 PER SHARE AND DECLARES QUARTERLY DIVIDEND OF 79 ¢ PER SHARE SOUTHPORT , CONNECTICUT , November 3 , 2021 -- Sturm , Ruger & Company , Inc. ( NYSE RGR ) announced today that for the third quarter of 2021 the Company reported net sales of $ 178.2 million and diluted earnings of $ 1.98 per share , compared with net sales of $ 145.7 million and diluted earnings of $ 1.39 per share in the third quarter of 2020 . For the nine months ended October 2 , 2021 , net sales were $ 562.7 million and diluted earnings were $ 6.64 per share . For the corresponding period in 2020 , net sales were $ 399.6 million and diluted earnings were $ 3.31 per share . The Company also announced today that its Board of Directors declared a dividend of 79 ¢ per share for the third quarter for stockholders of record as of November 15 , 2021 , payable on November 30 , 2021 . This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per share . This dividend is approximately 40 % of net income . Chief Executive Officer Christopher J. Killoy commented on the financial results for the third quarter of 2021 , " Despite taking a one week shutdown in July , we were able to increase production by 22 % from