CHICAGO RIVET & MACHINE CO. DECLARES DIVIDEND

Rhea-AI Summary

Chicago Rivet & Machine Co (NYSE American: CVR) declared a quarterly cash dividend of $0.03 per share, payable March 20, 2026. The Board stated future dividends remain at its discretion and will consider profitability, cash requirements, and overall financial condition.

The company warned that forward-looking statements are subject to risks including automotive market conditions, customer concentration, raw material costs, supply-chain disruption, and regulatory and labor risks.

Positive

• Declared dividend of $0.03 per share
• Dividend payable March 20, 2026

Negative

• Future dividends are fully discretionary by the Board
• Company cites multiple operational and market risks that could affect payouts

WARRENVILLE, Ill., Feb. 23, 2026 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced that its Board of Directors declared a quarterly cash dividend of $0.03 per share payable March 20, 2026, to all shareholders of record on March 6, 2025. 

With respect to the payment of future dividends, the Board of Directors will continue to consider the Company's current profitability, the outlook for long-term profitability, known and potential cash requirements, and the overall financial condition of the Company, and any dividend declared will be solely at the discretion of the Board of Directors.

Forward-Looking Statements

This discussion contains certain "forward-looking statements" which are inherently subject to risks and uncertainties that may cause actual events to differ materially from those discussed herein. Factors which may cause such differences in events include, those disclosed under "Risk Factors" in our Annual Report on Form 10-K and in the other filings we make with the United States Securities and Exchange Commission. These factors, include among other things: conditions in the domestic automotive industry upon which we rely for sales revenue, the intense competition in our markets, the concentration of our sales with major customers, risks related to export sales, the price and availability of raw materials, supply chain disruptions, labor relations issues, losses related to product liability, warranty and recall claims, costs relating to environmental laws and regulations, information systems disruptions, the loss of the services of our key employees and difficulties in achieving cost savings. Many of these factors are beyond our ability to control or predict. Readers are cautioned not to place undue reliance on these forward-looking statements. We undertake no obligation to publish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-302695081.html

SOURCE Chicago Rivet & Machine Co.

FAQ

What dividend did Chicago Rivet & Machine Co (CVR) declare on February 23, 2026?

The company declared a quarterly cash dividend of $0.03 per share. According to the company, the dividend is payable March 20, 2026 and was approved by the Board of Directors on February 23, 2026.

When will the CVR dividend announced Feb 23, 2026 be paid to shareholders?

The declared dividend is payable on March 20, 2026. According to the company, shareholders of record will receive payment after the Board's March processing and subject to the record-holder list.

Is Chicago Rivet & Machine Co (CVR) committing to future dividends after the Feb 23, 2026 declaration?

No—future dividends remain at the Board's discretion and are not guaranteed. According to the company, the Board will weigh profitability, cash needs, and financial condition before declaring any future dividend.

How might CVR's business risks affect future dividend payments?

Operational and market risks could limit future dividends. According to the company, factors like automotive demand, raw material costs, supply-chain issues, and customer concentration may materially affect cash available for dividends.

Who decides the timing and amount of future CVR dividends?

The Board of Directors retains sole discretion over dividend timing and amount. According to the company, decisions will reflect current profitability, long-term outlook, cash requirements, and overall financial condition.

Does the Feb 23, 2026 CVR dividend announcement guarantee quarterly payouts going forward?

No, the declaration does not guarantee future quarterly payouts. According to the company, any dividend declared in the future will be made only after Board review of financial and operational conditions.