Chicago Rivet & Machine Co. Declares Dividend

(Neutral)

Rhea-AI Summary

On November 16, 2020, Chicago Rivet & Machine Co. (NYSE: CVR) announced a quarterly dividend of 10 cents per share. This dividend is payable on December 18, 2020, to shareholders on record by the close of business on December 4, 2020. This declaration reflects the company’s continued commitment to returning value to its shareholders.

Positive

Declaration of a quarterly dividend of 10 cents per share.
Dividend payment reflects commitment to shareholder value.

Negative

None.

News Market Reaction – CVR

+3.56%

+3.56% Session move

In the trading session that priced this news, CVR gained 3.56%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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11/16/2020 - 01:14 PM

NAPERVILLE, Ill., Nov. 16, 2020 /PRNewswire/ -- On November 16, 2020 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American, symbol: CVR) declared a regular quarterly dividend of ten (10) cents per share, payable December 18, 2020 to shareholders of record at the close of business on December 4, 2020.

View original content:http://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-301173867.html

SOURCE Chicago Rivet & Machine Co.

FAQ

What is the dividend amount declared by CVR?

Chicago Rivet & Machine Co. declared a dividend of 10 cents per share.

When is the dividend payment date for CVR?

The dividend is payable on December 18, 2020.

When is the record date for the dividend?

The record date for the dividend is December 4, 2020.

How frequently does CVR pay dividends?

Chicago Rivet & Machine Co. typically pays dividends quarterly.