DBM Global to Pay Cash Dividend

Rhea-AI Summary

DBM Global (DBMG) announced a $8.8 million cash dividend, equal to $2.28 per share. The dividend will be paid on November 10, 2025 to stockholders of record at the close of business on October 27, 2025.

Positive

• $8.8 million total cash dividend declared
• $2.28 per share dividend payable November 10, 2025

Negative

• Cash outflow of $8.8 million to be paid November 10, 2025

PHOENIX, Oct. 16, 2025 (GLOBE NEWSWIRE) -- DBM Global Inc. (“DBMG”), a family of companies providing fully integrated steel construction services, and an operating subsidiary of INNOVATE Corp. (NYSE: VATE), announced today that it will pay a cash dividend of approximately $8.8 million, or $2.28 per share, on November 10, 2025 to DBMG’s stockholders of record at the close of business on October 27, 2025.

About DBM Global Inc.

DBMG is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction, and superior asset management solutions. The Company offers integrated steel construction services from a single source and professional services which include design-assist, design-build, engineering, detailing, BIM co-ordination, steel modeling/detailing, fabrication, rebar detailing, advanced field erection, project management, and state-of-the-art steel management systems.  Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects. The Company, which is headquartered in Phoenix, Arizona, has operations in the United States, Australia, Canada, India, New Zealand, the Philippines and the United Kingdom.

For additional information on DBMG’s majority shareholder, INNOVATE Corp. (NYSE: VATE), please visit http://www.innovatecorp.com or contact:  

Investor Contact:
Solebury Strategic Communications
Anthony Rozmus
(212) 235-2691
Email: ir@innovatecorp.com

Contact:	DBM Global Inc.
	Michael R. Hill, VP and CFO
	(602) 257-7838
	Email: mike.hill@dbmglobal.com

FAQ

How much is DBMG's dividend and what is the per-share amount?

DBMG declared a $8.8 million cash dividend equal to $2.28 per share.

When will DBMG pay the dividend for shareholders of record?

The dividend will be paid on November 10, 2025 to holders of record at close of business on October 27, 2025.

What is the record date for DBMG's November 2025 dividend?

The record date is the close of business on October 27, 2025.

If I own DBMG shares, how do I qualify for the November 10, 2025 dividend?

You must be a DBMG shareholder of record at the close of business on October 27, 2025 to receive the November 10, 2025 payment.

Will DBMG's dividend payment reduce company cash on November 10, 2025?

Yes. The company will pay out a $8.8 million cash dividend on November 10, 2025.