StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research report report published on Monday. The brokerage issued a sell rating on the stock.
Chicago Rivet & Machine Stock Performance
NYSEAMERICAN:CVR opened at $10.55 on Monday. The firm has a market cap of $10.23 million, a PE ratio of -2.87 and a beta of 0.16. Chicago Rivet & Machine has a fifty-two week low of $9.85 and a fifty-two week high of $22.27.
Chicago Rivet & Machine Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend was Wednesday, March 5th. Chicago Rivet & Machine’s dividend payout ratio is currently -3.27%.
About Chicago Rivet & Machine
Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.
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