Separately, TheStreet lowered shares of Chicago Rivet & Machine from a c rating to a d rating in a research report on Thursday, November 9th.
Chicago Rivet & Machine Stock Performance
Chicago Rivet & Machine Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Tuesday, December 5th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, December 4th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.54%. Chicago Rivet & Machine’s payout ratio is -9.26%.
Hedge Funds Weigh In On Chicago Rivet & Machine
Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in Chicago Rivet & Machine by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 68,710 shares of the company’s stock valued at $1,771,000 after buying an additional 576 shares during the period. Renaissance Technologies LLC lifted its holdings in Chicago Rivet & Machine by 1.0% in the second quarter. Renaissance Technologies LLC now owns 49,210 shares of the company’s stock valued at $1,402,000 after buying an additional 500 shares during the period. Vanguard Group Inc. increased its stake in Chicago Rivet & Machine by 91.7% in the first quarter. Vanguard Group Inc. now owns 28,479 shares of the company’s stock valued at $746,000 after purchasing an additional 13,626 shares in the last quarter. Morgan Stanley increased its stake in Chicago Rivet & Machine by 8.6% in the fourth quarter. Morgan Stanley now owns 12,696 shares of the company’s stock valued at $363,000 after purchasing an additional 1,005 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Chicago Rivet & Machine by 206,600.0% in the second quarter. BlackRock Inc. now owns 2,067 shares of the company’s stock valued at $53,000 after purchasing an additional 2,066 shares in the last quarter. 20.88% of the stock is currently owned by institutional investors and hedge funds.
Chicago Rivet & Machine Company Profile
Chicago Rivet & Machine Co operates in the fastener industry in North America. The company 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 and sells automatic rivet setting machines and assembly equipment, as well as parts and tools for related machines.
- Five stocks we like better than Chicago Rivet & Machine
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3 attractive stocks that insiders are buying
- How to Capture the Benefits of Dividend Increases
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Wendy’s vs Shake Shack: Out with the new, in with the old?
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.