CHICAGO RIVET & MACHINE CO. DECLARES DIVIDEND

Rhea-AI Summary

On February 20, 2023, the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 22 cents per share. This dividend is scheduled for payment on March 20, 2023, to shareholders on record as of March 3, 2023. This declaration reinforces the company's commitment to returning value to its shareholders and demonstrates ongoing financial stability.

Positive

• Quarterly dividend declared at 22 cents per share.
• Dividend payment reflects ongoing commitment to shareholders.

Negative

• None.

News Market Reaction – CVR

+2.80%

1 alert

+2.80% News Effect

On the day this news was published, CVR gained 2.80%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NAPERVILLE, Ill., Feb. 20, 2023 /PRNewswire/ -- On February 20, 2023 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American:  CVR) declared a regular quarterly dividend of twenty-two (22) cents per share, payable March 20, 2023 to shareholders of record at the close of business on March 3, 2023.

View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-301750987.html

SOURCE Chicago Rivet & Machine Co.

FAQ

What is the dividend amount declared by Chicago Rivet & Machine Co.?

The dividend amount declared is 22 cents per share.

When is the dividend payable for Chicago Rivet & Machine Co.?

The dividend is payable on March 20, 2023.

What is the record date for the dividend of Chicago Rivet & Machine Co.?

The record date for the dividend is March 3, 2023.

How often does Chicago Rivet & Machine Co. pay dividends?

Chicago Rivet & Machine Co. typically pays dividends quarterly.

Is the dividend from Chicago Rivet & Machine Co. sustainable?

Sustainability of dividends depends on the company's financial performance and cash reserves.