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Chicago Rivet & Machine Co. Declares Dividend

On August 17, 2020, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 10 cents per share.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

On August 17, 2020, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 10 cents per share. This dividend will be payable on September 18, 2020, to shareholders who are on record by September 4, 2020. This decision reflects the company's continued commitment to returning value to its shareholders.

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Positive

  • Declaration of a quarterly dividend of 10 cents per share demonstrates commitment to shareholder value.

Negative

  • None.
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+5.31% session move Open Argus
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News Market Reaction – CVR

The recorded move for CVR in the trading session of this news was +5.31%.

Data tracked by StockTitan Argus. Session date unavailable.

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NAPERVILLE, Ill., Aug. 17, 2020 /PRNewswire/ -- On August 17, 2020 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American:  CVR) declared a regular quarterly dividend of ten (10) cents per share, payable September 18, 2020 to shareholders of record at the close of business on September 4, 2020.

 

Cision View original content:http://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-301113320.html

SOURCE Chicago Rivet & Machine Co.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

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

When is the dividend payment date for CVR?

The dividend payment date for CVR is September 18, 2020.

When do shareholders need to be on record to receive the dividend?

Shareholders need to be on record by September 4, 2020, to receive the dividend.

What is the significance of the dividend declaration for CVR shareholders?

The dividend declaration signifies Chicago Rivet & Machine Co.'s commitment to returning value to its shareholders.

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