Chicago Rivet & Machine Co. Declares Dividend
On February 22, 2021, the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) announced an increase in the quarterly cash dividend to 22 cents per share.
Sentiment and the balance of points
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Rhea-AI Summary
On February 22, 2021, the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) announced an increase in the quarterly cash dividend to 22 cents per share. This dividend will be payable on March 19, 2021, to shareholders who are on record at the close of business on March 5, 2021. This decision reflects the company's commitment to returning value to its shareholders through consistent dividend payments.
Positive
- Increased quarterly cash dividend to 22 cents per share.
- Reflects confidence in financial stability and shareholder returns.
Negative
- None.
Details
News Market Reaction – CVR
The recorded move for CVR in the trading session of this news was +5.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NAPERVILLE, Ill., Feb. 22, 2021 /PRNewswire/ -- On February 22, 2021 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) approved an increase in the quarterly cash dividend of twenty two (22) cents per share, payable March 19, 2021 to shareholders of record at the close of business on March 5, 2021.
View original content:http://www.prnewswire.com/news-releases/chicago-rivet--machine-co-declares-dividend-301232666.html
SOURCE Chicago Rivet & Machine Co.
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