Chicago Rivet & Machine (NYSEAMERICAN:CVR) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research report sent to investors on Monday. The firm issued a sell rating on the stock.

Chicago Rivet & Machine Stock Up 0.6 %

Shares of CVR stock opened at $18.51 on Monday. Chicago Rivet & Machine has a fifty-two week low of $13.81 and a fifty-two week high of $21.19.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. The firm had revenue of $8.06 million during the quarter. Chicago Rivet & Machine had a negative net margin of 10.00% and a negative return on equity of 11.78%.

Chicago Rivet & Machine Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, September 5th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.16%. Chicago Rivet & Machine’s dividend payout ratio is currently -12.62%.

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.