Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Rhea-AI Summary
Columbus McKinnon (Nasdaq: CMCO) declared a regular quarterly dividend of $0.07 per common share. The Board approved the dividend payable on or about February 23, 2026 to shareholders of record at the close of business on February 13, 2026. The company has approximately 28.7 million common shares outstanding. The announcement reiterates Columbus McKinnon’s role as a designer, manufacturer and marketer of intelligent motion solutions for material handling and directs investors to the company website for additional information.
Positive
- Declared quarterly dividend of $0.07 per share
- Dividend payable on or about February 23, 2026
- Company reports approximately 28.7 million shares outstanding
Negative
- Dividend amount is modest at $0.07 per share
News Market Reaction
On the day this news was published, CMCO declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend will be payable on or about February 23, 2026, to shareholders of record at the close of business on February 13, 2026. 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