product · May 16, 2026
Chicago Rivet & Machine Co. Suspends Quarterly Cash Dividend
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Chicago Rivet & Machine Co. (NYSE American: CVR) announced on May 14, 2026, that its Board of Directors approved the temporary suspension of the quarterly cash dividend. The decision followed a review of operating environment, capital allocation priorities, and long-term objectives to redirect resources toward production capacity utilization and fulfillment of current and new customer orders. The company will launch new products recently awarded and invest in business development resources to strengthen its sales pipeline. Chicago Rivet & Machine Co. supplies rivets and fastening solutions to automotive and industrial markets with a market capitalization of $9.76 million.
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