STOCK TITAN

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Columbus McKinnon Corporation (CMCO) has announced a regular quarterly dividend of $0.07 per common share. The company is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling.
Positive
  • None.
Negative
  • None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.

The dividend will be payable on or about February 20, 2024, to shareholders of record at the close of business on February 9, 2024. Columbus McKinnon has approximately 28.8 million shares of common stock 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.columbusmckinnon.com.

Company:

Gregory P. Rustowicz

Executive Vice President - Finance and Chief Financial Officer

716-689-5442

greg.rustowicz@cmco.com



Kristine Moser

Vice President, Investor Relations and Treasurer

704-942-3253

kristy.moser@cmco.com

Investor Relations:

Deborah K. Pawlowski

Kei Advisors LLC

716-843-3908

dpawlowski@keiadvisors.com

Source: Columbus McKinnon Corporation

The ticker symbol for Columbus McKinnon Corporation is CMCO.

The regular quarterly dividend announced by Columbus McKinnon Corporation is $0.07 per common share.

Columbus McKinnon Corporation is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling.
Columbus Mckinnon Corp.

NASDAQ:CMCO

CMCO Rankings

CMCO Latest News

CMCO Stock Data

Iron and Steel Forging
Manufacturing
Link
Producer Manufacturing, Trucks/Construction/Farm Machinery, Manufacturing, Iron and Steel Forging
US
Getzville

About CMCO

columbus mckinnon manufactures a broad line of material handling products for use in a wide range of markets around the world. primary products include hoists, lifting chain, overhead crane systems and below-the-hook attachments. the company has a rich 135-year history, and many of the brands are the most recognized in the world. products from columbus mckinnon are used to lift, position, and secure loads in hundreds of industries including fabrication, food processing, mining, forestry, entertainment, trucking, utility, and defense – to name only a few.