StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research note released on Sunday. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Price Performance
NYSEAMERICAN CVR opened at $9.22 on Friday. Chicago Rivet & Machine has a fifty-two week low of $8.90 and a fifty-two week high of $22.27. The company has a market capitalization of $8.94 million, a price-to-earnings ratio of -2.51 and a beta of 0.16.
Chicago Rivet & Machine Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.30%. The ex-dividend date 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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