Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Get Rating) declared a quarterly dividend on Wednesday, May 11th, Wall Street Journal reports. Investors of record on Friday, June 3rd will be paid a dividend of 0.22 per share on Monday, June 20th. This represents a $0.88 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, June 2nd.
Chicago Rivet & Machine has decreased its dividend payment by an average of 8.3% annually over the last three years and has increased its dividend every year for the last 1 years.
Shares of Chicago Rivet & Machine stock opened at $27.18 on Thursday. Chicago Rivet & Machine has a one year low of $24.90 and a one year high of $32.88. The company has a market cap of $26.36 million, a P/E ratio of 25.89 and a beta of 0.01.
An institutional investor recently raised its position in Chicago Rivet & Machine stock. Morgan Stanley boosted its holdings in shares of Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Get Rating) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,241 shares of the company’s stock after acquiring an additional 426 shares during the quarter. Morgan Stanley owned about 2.92% of Chicago Rivet & Machine worth $759,000 at the end of the most recent quarter.
Separately, TheStreet cut Chicago Rivet & Machine from a “b-” rating to a “c+” rating in a research note on Monday, April 18th.
Chicago Rivet & Machine Company Profile (Get Rating)
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 manufactures automatic rivet setting machines and assembly equipment, as well as parts and tools for related machines.
- Get a free copy of the StockNews.com research report on Chicago Rivet & Machine (CVR)
- Corning Stock is a Technology Value Play
- Anheuser-Busch InBev May Need One More Quarter to Confirm a Buy Signal
- Wolverine Worldwide Is Ready To Rebound
- Wendy’s Growth Story Has Come To An End
- Can Six Flags(SIX) or Cedar Fair (FUN) Give Investors a Thrill Later This Year?
Receive News & Ratings for Chicago Rivet & Machine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicago Rivet & Machine and related companies with MarketBeat.com's FREE daily email newsletter.