SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
August 18, 1997
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(Date of earliest event reported)
CHICAGO RIVET & MACHINE CO.
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(Exact Name of Registrant as Specified in its Charter)
Illinois 0-1227 36-0904920
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Incorporation) Number)
901 Frontenac Road, Naperville, IL 60563
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(Address of Principal Offices, including zip code)
(630) 357-8500
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(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
On August 18, 1997, the Registrant announced
that its Board of Directors authorized a two-for-one
split of the Registrant's outstanding common stock. The
additional shares will be distributed on September 19,
1997 to stockholders of record at the close of business
on September 5, 1997. The Board of Directors also voted
to increase the quarterly cash dividend from $0.30 per
share to $0.36 per share (on a pre-split basis). The
quarterly dividend is payable on September 19, 1997 to
stockholders of record at the close of business on
September 5, 1997.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.
(c) Exhibits:
99.1 Press Release issued by Chicago Rivet & Machine
Co., dated August 18, 1997, entitled "Chicago
Rivet & Machine Co. Announces Two-For-One Stock
Split and 20 Percent Increase in Quarterly
Dividend."
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned
hereunto duly authorized.
CHICAGO RIVET & MACHINE CO.
By: /s/ JOHN C. OSTERMAN
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Name: John C. Osterman
Title: President, Chief Operating
Officer and Treasurer
Dated: August 22, 1997
EXHIBIT INDEX
Exhibit Description
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99.1 Press Release issued by Chicago Rivet &
Machine Co., dated August 18, 1997,
entitled "Chicago Rivet & Machine Co.
Announces Two-For-One Stock Split and 20
Percent Increase in Quarterly Dividend."
EXHIBIT 99.1
CHICAGO RIVET & MACHINE CO. ANNOUNCES TWO-FOR-ONE STOCK
SPLIT AND 20 PERCENT INCREASE IN QUARTERLY DIVIDEND
NAPERVILLE, Ill., Aug. 18 /PRNewswire/ Chicago Rivet &
Machine Co. (Amex: CVR) announced that its Board of
Directors today authorized a two-for-one split of the
Company's outstanding common stock. The additional
shares of common stock will be issued September 19, 1997
to stockholders of record at the close of business on
September 5, 1997. Following the stock split, the
Company will have approximately 1.17 million shares of
common stock outstanding.
The Company also announced that the Board of Directors
today declared a cash dividend on the outstanding shares
of common stock of $0.36 per common share, before giving
effect to the two-for-one stock split. This quarterly
dividend of $0.36 per share represents a 20% increase
from the previous rate of $0.30 per share. The cash
dividend is payable September 19, 1997 to stockholders of
record at the close of business on September 5, 1997.
"The stock split and increased cash dividend are an
indication of our confidence in the future of our
business," said John A. Morrissey, Chairman and Chief
Executive Officer. "The increased dividend enhances
stockholder return and reflects the Company's improved
performance. The increased trading prices for Company
shares makes a stock split desirable to improve the
liquidity of our shares and broaden our stockholder base
by setting a market price at a level more attractive to
individual investors."
Headquartered in Naperville, Illinois, Chicago Rivet &
Machine Co. operates in the United States fastener
industry, manufacturing and selling rivets, cold-headed
parts, screw machine products and automatic rivet setting
machines, parts and tools.
SOURCE: Chicago Rivet & Machine Co.
CONTACT: John C. Osterman at (630) 357-8500
