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. reports company updates tied to its North American fastener and assembly equipment businesses. The company manufactures and sells rivets, cold-formed fasteners, parts and screw machine products, and also produces automatic rivet setting machines, automatic assembly equipment, and related parts and tools.
Recurring CVR news centers on quarterly and year-end operating results, including net sales, income or loss, per-share results and average shares outstanding. Company announcements also include board-declared cash dividends and related commentary on profitability, cash requirements and financial condition.
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.
Chicago Rivet & Machine Co. (NYSE American: CVR) reported Q2 2020 results showing net sales of $4.1 million, down from $8.9 million in Q2 2019. The net loss was $(779,516) or $(0.81) per share, compared to a profit of $229,559 or $0.24 per share last year. For the first six months, net sales totaled $11.7 million, a decline from $17.5 million in 2019, with a net loss of $(722,948) versus a profit of $516,401. The company reported consistent average common shares of 966,132.