Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Plans $0.03 Quarterly Dividend

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRGet Free Report) announced a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Shareholders of record on Wednesday, March 5th will be paid a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, March 5th.

Chicago Rivet & Machine has decreased its dividend by an average of 27.9% per year over the last three years.

Chicago Rivet & Machine Stock Performance

CVR opened at $14.61 on Thursday. Chicago Rivet & Machine has a twelve month low of $13.81 and a twelve month high of $22.27. The stock has a market capitalization of $14.17 million, a PE ratio of -3.98 and a beta of 0.16.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Chicago Rivet & Machine in a report on Monday, January 13th. They issued a “sell” rating on the stock.

View Our Latest Stock Analysis on Chicago Rivet & Machine

Chicago Rivet & Machine Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Chicago Rivet & Machine (NYSEAMERICAN:CVR)

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