CHICAGO RIVET & MACHINE CO. DECLARES DIVIDEND

Rhea-AI Summary

Chicago Rivet & Machine (NYSE American: CVR) has declared a quarterly cash dividend of $0.03 per share, payable on September 19, 2025, to shareholders of record as of September 5, 2025.

The Board of Directors will evaluate future dividend payments based on several factors, including current profitability, long-term profitability outlook, potential cash requirements, and the company's overall financial condition. Any future dividends will be declared at the Board's discretion.

Positive

• Consistent dividend payment maintained
• Company demonstrates commitment to shareholder returns

Negative

• Low dividend amount of $0.03 per share indicates limited cash distribution to shareholders
• Company faces various risk factors including automotive industry dependence and intense market competition

WARRENVILLE, Ill., Aug. 18, 2025 /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 September 19, 2025, to all shareholders of record on September 5, 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.

For further information, please contact Investor Relations at (630) 357-8500.

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-302532462.html

SOURCE Chicago Rivet & Machine Co.

FAQ

What is the dividend amount and payment date for Chicago Rivet & Machine (CVR) in Q3 2025?

Chicago Rivet & Machine will pay a quarterly dividend of $0.03 per share on September 19, 2025, to shareholders of record as of September 5, 2025.

What factors will CVR consider for future dividend payments?

The Board will consider current profitability, long-term profitability outlook, potential cash requirements, and overall financial condition of the company for future dividend decisions.

What are the main risk factors affecting Chicago Rivet & Machine's business?

Key risks include dependence on domestic automotive industry, intense market competition, concentration of sales with major customers, export risks, raw material costs, supply chain disruptions, and labor relations issues.

When is the record date for CVR's Q3 2025 dividend?

The record date for Chicago Rivet & Machine's dividend is September 5, 2025.