StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a report published on Monday. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Stock Up 3.2 %
Shares of CVR stock opened at $16.41 on Monday. Chicago Rivet & Machine has a 12 month low of $13.81 and a 12 month high of $21.19.
Chicago Rivet & Machine Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, September 5th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.40 annualized dividend and a yield of 2.44%. Chicago Rivet & Machine’s payout ratio is presently -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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