StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research report released on Thursday morning. The brokerage issued a sell rating on the stock.
Chicago Rivet & Machine Trading Down 0.7 %
Shares of CVR opened at $18.94 on Thursday. Chicago Rivet & Machine has a 52-week low of $13.81 and a 52-week high of $22.27.
Chicago Rivet & Machine Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.40 annualized dividend and a dividend yield of 2.11%. Chicago Rivet & Machine’s dividend payout ratio is currently -10.90%.
About Chicago Rivet & Machine
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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