CHICAGO RIVET & MACHINE CO. DECLARES DIVIDEND
Rhea-AI Summary
Chicago Rivet & Machine Co. (NYSE American: CVR) has announced a regular quarterly dividend of $0.10 per share. The dividend was declared by the Board of Directors on August 19, 2024. Shareholders of record at the close of business on September 5, 2024 will be eligible to receive the dividend, which is payable on September 20, 2024. This announcement demonstrates the company's commitment to providing consistent returns to its shareholders, maintaining its dividend policy despite current market conditions.
Positive
- Consistent dividend payment indicates financial stability
- Quarterly dividend of $0.10 per share provides steady income for shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CVR gained 7.04%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-302225506.html
SOURCE Chicago Rivet & Machine Co.