Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

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Columbus McKinnon (Nasdaq: CMCO), a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling, has announced that its Board of Directors has approved a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about November 18, 2024, to shareholders of record at the close of business on November 8, 2024.

Columbus McKinnon has approximately 28.7 million shares of common shares outstanding. The company specializes in key products including hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems, focusing on commercial and industrial applications that require safety and quality.

Positive

• Regular quarterly dividend of $0.07 per share declared
• Consistent dividend payments indicate financial stability
• Large shareholder base with 28.7 million shares outstanding

Negative

• None.

CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- 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 November 18, 2024, to shareholders of record at the close of business on November 8, 2024. 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:
Gregory P. Rustowicz	Kristine Moser
EVP Finance and CFO	VP IR and Treasurer
Columbus McKinnon Corporation	Columbus McKinnon Corporation
716-689-5442	704-322-2488
greg.rustowicz@cmco.com	kristy.moser@cmco.com

 

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SOURCE Columbus McKinnon Corporation

FAQ

What is the amount of Columbus McKinnon's (CMCO) quarterly dividend for 2024?

Columbus McKinnon (CMCO) has declared a quarterly dividend of $0.07 per common share for 2024.

When will Columbus McKinnon (CMCO) pay its latest quarterly dividend?

The dividend will be payable on or about November 18, 2024, to shareholders of record at the close of business on November 8, 2024.

How many outstanding common shares does Columbus McKinnon (CMCO) have?

Columbus McKinnon (CMCO) has approximately 28.7 million shares of common shares outstanding.

What are the main products of Columbus McKinnon (CMCO)?

Columbus McKinnon's (CMCO) key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems.