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Columbus McKinnon Declares Quarterly Dividend of $0.06 per Share

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Columbus McKinnon Corporation (Nasdaq: CMCO) has announced a quarterly dividend of $0.06 per common share, payable on or about November 16, 2020. Shareholders of record by November 6, 2020 will be eligible. With approximately 23.9 million shares outstanding, this reflects the company’s commitment to returning value to its investors. Columbus McKinnon specializes in designing and manufacturing motion control products and automated systems for material handling across various commercial and industrial applications.

Positive
  • Quarterly dividend of $0.06 per share reflects ongoing commitment to shareholder value.
  • Company has approximately 23.9 million shares outstanding, indicating a stable share structure.
Negative
  • None.

BUFFALO, N.Y.--()--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of motion control products, technologies, automated systems and services for material handling, today announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.06 per common share.

The dividend will be payable on or about November 16, 2020 to shareholders of record at the close of business on November 6, 2020. Columbus McKinnon has approximately 23.9 million shares of common stock outstanding.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of motion control products, technologies and automated systems and services that efficiently and ergonomically move, lift, position and secure materials. Key products include hoists, crane components, actuators, rigging tools, light rail work stations, 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.

Contacts

Gregory P. Rustowicz
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

FAQ

What is the dividend amount for CMCO?

The dividend amount for Columbus McKinnon Corporation (CMCO) is $0.06 per common share.

When will the dividend for CMCO be paid?

The dividend will be payable on or about November 16, 2020.

What is the record date for the CMCO dividend?

The record date for the CMCO dividend is November 6, 2020.

How many shares of CMCO are outstanding?

Columbus McKinnon Corporation has approximately 23.9 million shares of common stock outstanding.

What does Columbus McKinnon Corporation specialize in?

Columbus McKinnon Corporation specializes in motion control products, technologies, and automated systems for material handling.

Columbus McKinnon Corp/NY

NASDAQ:CMCO

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1.11B
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98.7%
1.39%
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