Chicago Rivet & Machine Co. (CVR) to Issue Quarterly Dividend of $0.20 on September 20th
Chicago Rivet & Machine Co. (NYSEMKT:CVR) announced a quarterly dividend on Tuesday, August 22nd, Wall Street Journal reports. Investors of record on Tuesday, September 5th will be paid a dividend of 0.20 per share by the industrial products company on Wednesday, September 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Thursday, August 31st.
Shares of Chicago Rivet & Machine Co. (CVR) opened at 28.7415 on Wednesday. The company’s 50 day moving average is $35.09 and its 200-day moving average is $38.48. The company has a market cap of $27.76 million, a P/E ratio of 14.7091 and a beta of 0.47. Chicago Rivet & Machine Co. has a 12 month low of $26.05 and a 12 month high of $49.34.
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Separately, TheStreet cut shares of Chicago Rivet & Machine Co. from a “b” rating to a “c+” rating in a research report on Thursday, August 24th.
About Chicago Rivet & Machine Co.
Chicago Rivet & Machine Co is engaged in the business of producing and selling rivets, cold-formed fasteners and parts, screw machine products, automatic rivet setting machines and parts and tools for such machines. The Company operates in two segments of the fastener industry: fasteners and assembly equipment.
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