Streetbeat News

CVR

Chicago Rivet & Machine Co.

https://www.chicagorivet.com

Industry

Manufacturing - Tools & Accessories

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. The company sells its products to automobile and automotive component manufacturers through independent sales representatives. The company was founded in 1920 and is headquartered in Naperville, Illinois.

Open

20.34

Mkt cap

20M

Volume

2.8K

High

20.64

P/E Ratio

-6.42

52-wk high

22.27

Low

19.99

Div yield

0.02

52-wk low

13.81

Chicago Rivet & Machine (AMEX:CVR) reported a significant improvement in its Q2 earnings, with EPS rising to $0.15 from a loss of $(1.36) YoY. Sales also saw a slight increase to $8.06M from $8.05M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:50 pm

Chicago Rivet and Machine Co. has announced the closure of its manufacturing facility in Albia, Iowa.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:16 pm

Chicago Rivet & Machine (AMEX:CVR) reported a Q1 EPS of $(0.72), a 20% decrease from $(0.60) YoY, and sales of $7.85M, a 10.04% decrease from $8.73M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 8:48 pm

Chicago Rivet & Machine (AMEX:CVR) reported Q4 earnings with a loss of $(1.36) per share, unchanged YoY. Sales decreased by 1.12% to $6.78M from $6.86M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 29, 2024 | 3:34 am

Chicago Rivet & Machine (AMEX:CVR) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday are eligible for the payout, which will be distributed on March 20, 2024. The stock is expected to open 10 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 2:45 pm

Chicago Rivet & Machine (AMEX:CVR) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 10 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 2:45 pm

Chicago Rivet & Machine (AMEX:CVR) will distribute a dividend payout of $0.10 per share, translating to an annualized dividend yield of 2.17%. The company has shown a positive dividend growth pattern from 2020 to 2022, with the dividend per share rising from $0.52 to $0.88. Additionally, the company's earnings per share have also increased from $1.17 to $4.41 during the same period. However, its dividend yield is lower compared to its industry peer, Highway Holdings (NASDAQ:HIHO), which has a higher annualized dividend yield of 14.22%.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 3:05 pm

Chicago Rivet & Machine (AMEX:CVR) has announced a quarterly dividend of 10 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 10 cents lower to reflect the payout. Shareholders who own CVR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 20, 2023.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:45 pm

On Thursday, 128 companies hit new 52-week lows. The largest company by market cap to set a new low was Corteva (NYSE:CTVA), while the smallest was Esports Entertainment (NASDAQ:GMBL). Galera Therapeutics (NASDAQ:GRTX) was the biggest loser, dropping 84.91%, while Eargo (NASDAQ:EAR) made the biggest reversal, trading flat after hitting a new low.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:43 pm

Chicago Rivet & Machine (AMEX:CVR) reported Q2 losses of $(1.36) per share, a 950% decrease YoY. The company also reported $8.05M in sales, a 10.77% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:14 pm

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