product · May 16, 2026
Chicago Rivet & Machine Co. Announces Temporary Suspension of Quarterly Dividend
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Chicago Rivet & Machine Co. (CVR) announced on May 14, 2026, the temporary suspension of its quarterly cash dividend following a board review of capital priorities. Funds will support meeting current and future sales requirements, launching recently awarded products, and investing in business development to build the sales pipeline. The board will revisit the dividend policy as conditions evolve. Chicago Rivet & Machine Co. manufactures rivets and cold-formed fasteners for North American automotive and industrial markets.