Chicago Rivet & Machine Co. Announces Quarterly Dividend of $0.10 (NYSEAMERICAN:CVR)

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRGet Free Report) declared a quarterly dividend on Monday, August 19th, Wall Street Journal reports. Investors of record on Thursday, September 5th will be paid a dividend of 0.10 per share on Friday, September 20th. This represents a $0.40 annualized dividend and a yield of 2.24%. The ex-dividend date is Thursday, September 5th.

Chicago Rivet & Machine has raised its dividend payment by an average of 28.7% annually over the last three years.

Chicago Rivet & Machine Price Performance

Shares of Chicago Rivet & Machine stock opened at $17.85 on Wednesday. Chicago Rivet & Machine has a fifty-two week low of $13.81 and a fifty-two week high of $21.19.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Chicago Rivet & Machine in a research note on Tuesday. They issued a “sell” rating for the company.

View Our Latest Stock Analysis on Chicago Rivet & Machine

Chicago Rivet & Machine Company Profile

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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.

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

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