StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a report released on Monday. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Price Performance
Shares of CVR opened at $16.53 on Monday. Chicago Rivet & Machine has a 52-week low of $13.81 and a 52-week high of $21.19.
Chicago Rivet & Machine Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, September 5th will be paid a $0.10 dividend. The ex-dividend date is Thursday, September 5th. This represents a $0.40 annualized dividend and a dividend yield of 2.42%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is -8.55%.
Chicago Rivet & Machine Company Profile
Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.
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