Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Announces $0.03 Quarterly Dividend

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRGet Free Report) declared a quarterly dividend on Monday, November 18th,Wall Street Journal reports. Stockholders of record on Thursday, December 5th will be paid a dividend of 0.03 per share on Friday, December 20th. This represents a $0.12 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Thursday, December 5th.

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

Chicago Rivet & Machine Price Performance

CVR stock opened at $17.04 on Tuesday. Chicago Rivet & Machine has a 12-month low of $13.81 and a 12-month high of $22.27.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on CVR

About Chicago Rivet & Machine

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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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