Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (CMCO) approves payment of $0.07 per share quarterly dividend.
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Columbus McKinnon Corporation (CMCO) approves payment of $0.07 per share quarterly dividend.
10/23/2023 - 04:15 PM
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 November 20, 2023, to shareholders of record at the close of business on November 10, 2023. Columbus McKinnon has approximately 28.7 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 .
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Gregory P. Rustowicz
Executive Vice President - Finance and Chief Financial Officer
Columbus McKinnon Corporation
716-689-5442
greg.rustowicz@cmworks.com
Investor Relations:
Deborah K. Pawlowski
Kei Advisors LLC
716-843-3908
dpawlowski@keiadvisors.com
Source: Columbus McKinnon Corporation
What is the dividend payment approved by Columbus McKinnon Corporation?
Columbus McKinnon Corporation has approved a payment of $0.07 per common share as a quarterly dividend.
When will the dividend be payable?
The dividend will be payable on or about November 20, 2023.
Who will receive the dividend payment?
Shareholders of record at the close of business on November 10, 2023, will receive the dividend payment.
How many shares of common stock does Columbus McKinnon have outstanding?
Columbus McKinnon has approximately 28.7 million shares of common stock outstanding.
CMCO Rankings
#1424 Ranked by Stock Gains
CMCO Stock Data
Industry
Iron and Steel Forging
Sector
Manufacturing
Tags
Producer Manufacturing, Trucks/Construction/Farm Machinery, Manufacturing, Iron and Steel Forging
Country
US
City
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.