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Chicago Rivet - CVR STOCK NEWS

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 (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.

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Chicago Rivet & Machine Co. (CVR) Declares Dividend of 10 Cents Per Share
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Chicago Rivet & Machine Co. (CVR) reports third quarter 2023 results, showing a decrease in net sales to $7,946,172 from $8,567,785 in 2022. The company also experienced a net loss of $964,042 compared to a net income of $3,579,060 in the same period last year. Income before income taxes also decreased from $4,621,060 to a loss of $1,215,042.
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Chicago Rivet & Machine Co. reduces quarterly cash dividend from $0.22 to $0.10 per share due to recent operating performance.
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Chicago Rivet & Machine Co. announces first quarter results of operations
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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.

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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.

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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.

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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.

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Chicago Rivet

NYSE:CVR

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