StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a report published on Tuesday. The brokerage issued a sell rating on the stock.
Chicago Rivet & Machine Price Performance
Chicago Rivet & Machine stock opened at $10.50 on Tuesday. The company has a market capitalization of $10.19 million, a PE ratio of -2.86 and a beta of 0.16. Chicago Rivet & Machine has a 12 month low of $10.08 and a 12 month high of $22.27.
Chicago Rivet & Machine Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were given a $0.03 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.12 annualized dividend and a dividend yield of 1.14%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is -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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