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Chicago Rivet & Machine Co (CVR) delivers essential fastening solutions and assembly equipment to automotive and industrial sectors. This news hub provides investors with comprehensive updates on operational developments, financial performance, and strategic initiatives impacting this established manufacturer.
Access real-time announcements including quarterly earnings disclosures, production facility expansions, and leadership updates. Our curated feed ensures efficient tracking of material events affecting CVR's position in industrial fastener markets and automated assembly systems.
Key updates cover product line enhancements, supply chain developments, and manufacturing innovations. Investors will find critical information about capital investments, customer contract milestones, and industry compliance updates relevant to evaluating CVR's market performance.
Bookmark this page for streamlined monitoring of Chicago Rivet's progress in maintaining its 100+ year legacy as a precision manufacturing partner. Return regularly for unfiltered access to corporate communications and market-moving announcements directly from the source.
Chicago Rivet & Machine Co. (CVR) reported its third quarter 2021 results, showing net sales of $8.56 million, up from $7.65 million in Q3 2020. For the first nine months, net sales rose to $26.23 million from $19.33 million. However, the company faced a net income loss of $172,659 in Q3 2021 compared to a profit of $309,135 in Q3 2020. Year-to-date, net income was $1.03 million, a recovery from a loss of $413,813 in 2020. Earnings per share decreased to $0.18 from $0.32 year-over-year.
On August 16, 2021, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 22 cents per share. The dividend will be payable on September 20, 2021 to shareholders of record by the close of business on September 3, 2021. This decision reflects the company's ongoing commitment to providing returns to its shareholders.
Chicago Rivet & Machine Co. (CVR) reported a strong performance for Q2 2021, with net sales of $8.36 million, up from $4.10 million in Q2 2020. For the first six months, sales reached $17.67 million, compared to $11.68 million last year. The company posted a net income of $319,507 for Q2, reversing a loss of $779,516 in the same quarter of 2020. Income per share increased to $0.33 from a loss of $0.81. Overall, results indicate a return to profitability and significant sales growth year-over-year.
Chicago Rivet & Machine Co. (NYSE American: CVR) declared a quarterly dividend of 22 cents per share on May 11, 2021. This dividend will be payable on June 18, 2021, to shareholders of record as of the close of business on June 4, 2021. This decision reflects the company’s commitment to returning value to its shareholders and maintains a consistent dividend payment history.
Chicago Rivet & Machine Co. (CVR) reported a significant increase in its first quarter results for 2021. Net sales rose to $9,304,949 from $7,576,455 in 2020. Income before taxes also saw a dramatic increase to $690,128, compared to $71,568 in the previous year. Net income reached $540,128, resulting in a net income per share of $0.56 versus $0.06 in 2020. Average shares outstanding remained stable at 966,132.
Chicago Rivet & Machine Co. (CVR) reported its audited results for 2020, showing a notable decline in performance compared to 2019. Net sales fell to $27,590,653 from $32,873,002, while net income dropped significantly from $538,314 to $50,450. Income before income taxes also decreased to $65,450 from $683,314. The net income per share fell to $0.05, down from $0.56 in the previous year. The average shares outstanding remained constant at 966,132.
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.
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.
Chicago Rivet & Machine Co. (CVR) reported its third-quarter results for 2020, noting net sales of $7.65 million, a decline from $8.19 million in Q3 2019. The company saw an income before taxes of $414,135 compared to $414,797 the previous year. Net income was $309,135 against $315,797 in 2019, with earnings per share remaining stable at $0.32. For the first nine months, net sales totaled $19.33 million, down from $25.69 million in the same period last year, with a net loss of $413,813.
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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