product · May 20, 2026
Chicago Rivet & Machine Co suspends quarterly cash dividend on May 14 2026
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Chicago Rivet & Machine Co announced that its Board of Directors approved the temporary suspension of the Company's quarterly cash dividend on May 14 2026. The board reviewed the operating environment and capital allocation priorities after the May 12 2026 annual shareholder meeting. The company will redirect cash toward production capacity, fulfillment of current and future orders, and sales and growth initiatives. Chicago Rivet & Machine Co (NYSE American: CVR) elected all seven director nominees at the May 12 2026 meeting with 376000 to 417000 votes in favor and 19000 to 21000 withheld.
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