StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research note issued to investors on Monday morning. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Stock Up 4.4 %
Shares of NYSEAMERICAN CVR opened at $10.40 on Monday. Chicago Rivet & Machine has a 52 week low of $9.50 and a 52 week high of $22.27. The stock has a market capitalization of $10.09 million, a P/E ratio of -2.83 and a beta of 0.16.
Chicago Rivet & Machine Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.15%. The ex-dividend date was Wednesday, March 5th. Chicago Rivet & Machine’s dividend payout ratio (DPR) is -3.27%.
Chicago Rivet & Machine Company Profile
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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