Looking at the universe of stocks we cover at Dividend Channel, on 6/3/13, Chicago Rivet & Machine Co. (AMEX: CVR) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/20/13. As a percentage of CVR's recent stock price of $25.90, this dividend works out to approximately 0.58%, so look for shares of Chicago Rivet & Machine Co. to trade 0.58% lower — all else being equal — when CVR shares open for trading on 6/3/13.
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Below is a dividend history chart for CVR, showing historical dividends prior to the most recent $0.15 declared by Chicago Rivet & Machine Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVR is likely to continue, and whether the current estimated yield of 2.32% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of CVR shares, versus its 200 day moving average:
Looking at the chart above, CVR's low point in its 52 week range is $18.17 per share, with $27.80 as the 52 week high point — that compares with a last trade of $25.90.
In Thursday trading, Chicago Rivet & Machine Co. shares are currently up about 3.8% on the day.
