StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Trading Up 3.2 %
NYSEAMERICAN CVR opened at $9.80 on Friday. The company has a market cap of $9.51 million, a P/E ratio of -2.67 and a beta of 0.16. Chicago Rivet & Machine has a 1 year low of $9.41 and a 1 year high of $22.27.
Chicago Rivet & Machine Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Wednesday, March 5th. Chicago Rivet & Machine’s dividend payout ratio (DPR) is presently -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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