Correction: Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon (Nasdaq: CMCO), a leading manufacturer of intelligent motion solutions for material handling, has declared a quarterly dividend of $0.07 per common share.
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Rhea-AI Summary
Columbus McKinnon (Nasdaq: CMCO), a leading manufacturer of intelligent motion solutions for material handling, has declared a quarterly dividend of $0.07 per common share. The dividend will be paid on August 18, 2025, to shareholders of record as of August 8, 2025.
The company, which has approximately 28.7 million shares outstanding, specializes in manufacturing hoists, crane components, precision conveyor systems, and digital power and motion control systems for commercial and industrial applications.
Positive
- Consistent dividend payment demonstrates financial stability
- Large market presence with 28.7 million shares outstanding
Negative
- None.
Details
News Market Reaction – CMCO
The recorded move for CMCO in the trading session of this news was +3.72%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
In the news release, Columbus McKinnon Declares Quarterly Dividend of
Columbus McKinnon Declares Quarterly Dividend of $0.07
The dividend will be payable on or about August 18, 2025, to shareholders of record at the close of business on August 8, 2025. Columbus McKinnon has approximately 28.7 million shares of common shares outstanding.
About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning, and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available at www.cmco.com.
Contacts:
Kristine Moser
VP IR and Treasurer
Columbus McKinnon Corporation
704-322-2488
kristy.moser@cmco.com
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SOURCE Columbus McKinnon Corporation
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