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Chicago Rivet & Machine Company (ISIN: US1680881026, NYSE: CVR) pays a constant quarterly dividend of 22 US cents. Payment will be made on March 18, 2022 (Record day: March 4, 2022). Extrapolated for the year as a whole, the group pays 0.88 US dollars. At the current stock market price of 27.37 US dollars (as of February 21, 2022), this corresponds to a dividend yield of 3.22 percent.
Chicago Rivet & Machine Company was founded in 1920 in Naperville, Illinois and was originally a manufacturer of brake linings and connecting rivets. Today, the group produces fasteners and the associated machines. The stock has been listed on the NYSE since 1930. Revenue for the third quarter ended September 30 of fiscal 2021 was $8.56 million (prior year: $7.65 million), as reported on November 9. The profit was 0.17 million US dollars (previous year: 0.31 million US dollars).
Since the beginning of 2022, the paper on Wall Street has been up 4.17 percent. The market capitalization is currently $26.44 million (as of February 21, 2022).
Saskia Haaker, Redaktion MyDividends.de
Leverage must be between 2 and 20
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