Welcome to our dedicated page for Chicago Rivet news (Ticker: CVR), a resource for investors and traders seeking the latest updates and insights on Chicago Rivet stock.
Chicago Rivet & Machine Co. (NYSE American: CVR) is a manufacturing company in the fastener industry, with operations classified in the iron and steel forging sector. The company publicly reports on its performance through quarterly results of operations and dividend announcements, which form the core of the news flow investors can review.
News about Chicago Rivet & Machine Co. often includes summaries of consolidated results of operations, covering net sales, income or loss before income taxes, net income or loss, and net income or loss per common share for recent quarters. These releases provide snapshots of how its fastener and assembly equipment activities translate into financial performance over three-month and year-to-date periods.
The company also issues dividend declarations. In 2025, its Board of Directors declared quarterly cash dividends of $0.03 per share on multiple occasions, with details on payable dates and shareholder record dates. Each dividend announcement reiterates that future dividends will depend on profitability, long-term outlook, cash requirements, and overall financial condition, and that any dividend is at the Board’s discretion.
By following Chicago Rivet & Machine Co. news, readers can track how the company’s manufacturing operations in rivets, cold-formed fasteners, screw machine products, and assembly equipment relate to its reported net sales, profitability, and dividend policy. This page aggregates such press releases so that investors and observers can review earnings updates and dividend decisions in one place and compare trends over multiple reporting periods.
Chicago Rivet & Machine Co. (NYSE American: CVR) announced its audited results for the year 2022, reporting a net sales decrease to $33,646,033 from $33,974,558 in 2021. The company achieved an income before income taxes of 3,652,629, up from 1,414,472 the prior year. Net income rose significantly to 2,867,629, compared to 1,113,472 in 2021, resulting in a net income per common share of 2.97 versus 1.15 in 2021. Average common shares outstanding remained stable at 966,132.
On February 20, 2023, the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 22 cents per share. This dividend is scheduled for payment on March 20, 2023, to shareholders on record as of March 3, 2023. This declaration reinforces the company's commitment to returning value to its shareholders and demonstrates ongoing financial stability.
Chicago Rivet & Machine Co. (CVR) reported financial results for Q3 2022, showcasing net sales of $8.57 million, a slight increase from $8.56 million in Q3 2021. The company generated $4.62 million in income before taxes, significantly up from $207,659 the previous year. Net income rose to $3.58 million, compared to $172,659 in Q3 2021, yielding a net income per share of $3.71. Year-to-date, sales totaled $26.79 million, up from $26.23 million in 2021, while net income for the nine months reached $4.18 million.
On August 15, 2022, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 22 cents per share. This dividend will be payable on September 20, 2022, to shareholders who are recorded as of the close of business on September 6, 2022. This declaration reflects the company’s commitment to returning value to its shareholders and demonstrates confidence in its ongoing operations.
Chicago Rivet & Machine Co. (CVR) reported Q2 2022 net sales of $9.02 million, a 7.9% increase from Q2 2021's $8.36 million. Year-to-date sales also rose to $18.22 million from $17.67 million in the prior year. However, the company's net income declined to $153,904 from $319,507 year-over-year, resulting in a reduction of earnings per share (EPS) from $0.33 to $0.16. Income before taxes dropped to $194,904 from $406,507, reflecting significant challenges despite higher sales.
On May 10, 2022, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a quarterly dividend of 22 cents per share. The dividend is payable on June 20, 2022, to shareholders on record as of June 3, 2022. This quarterly payout reflects the company's commitment to returning value to its shareholders.
Chicago Rivet & Machine Co. (NYSE American: CVR) reported its Q1 2022 financial results on May 6, 2022. The company achieved net sales of $9,197,696, a slight decrease from $9,304,949 in Q1 2021. Income before income taxes fell to $570,313 from $690,128 year-over-year. Net income also declined to $447,313, compared to $540,128 in the previous year. Earnings per share decreased from $.56 to $.46.
Chicago Rivet & Machine Co. (CVR) reported its audited results for 2021, showcasing significant growth. The company achieved net sales of $33.97 million, up from $27.59 million in 2020. Notably, net income surged to $1.11 million compared to $50,450 the previous year, resulting in a net income per share of $1.15, up from $0.05. The average common shares outstanding remained stable at 966,132. This performance indicates a robust recovery and enhanced profitability for CVR.
On February 21, 2022, Chicago Rivet & Machine Co. (NYSE American: CVR) declared a quarterly dividend of 22 cents per share. This dividend is payable on March 18, 2022, to shareholders of record as of March 4, 2022. The announcement signifies the company's ongoing commitment to return value to its shareholders, indicating a stable financial position.
On November 15, 2021, Chicago Rivet & Machine Co. (NYSE American: CVR) announced a regular quarterly dividend of 22 cents per share. This dividend is payable on December 20, 2021 to shareholders of record by the close of business on December 3, 2021. This declaration indicates the company's ongoing commitment to returning value to its shareholders.