Chicago Rivet & Machine (NYSEAMERICAN:CVR) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research report report published on Thursday morning. The brokerage issued a sell rating on the stock.

Chicago Rivet & Machine Price Performance

CVR stock traded down $0.05 during trading on Thursday, hitting $19.08. 3,324 shares of the stock traded hands, compared to its average volume of 3,266. Chicago Rivet & Machine has a 1 year low of $13.81 and a 1 year high of $22.27.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $8.06 million for the quarter. Chicago Rivet & Machine had a negative return on equity of 14.18% and a negative net margin of 11.95%.

Chicago Rivet & Machine Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, September 5th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.40 annualized dividend and a dividend yield of 2.10%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is -10.90%.

About Chicago Rivet & Machine

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.