Chicago Rivet & Machine said on May 9, 2023 that its board of directors declared a regular quarterly dividend of $0.22 per share ($0.88 annualized). Previously, the company paid $0.22 per share.

Nonthreaded fasteners often are simple designs, but they solve a wide range of fastening problems. Rivets and pins can be used as inexpensive alternatives to threaded fasteners in automated assembly.

This file type includes high-resolution graphics and schematics when applicable. Most engineers tend to rely on traditional fastening methods to join parts (see "Impact Riveting: The Old School ...