Columbus McKinnon Declares Quarterly Dividend of $0.06 per Share

Rhea-AI Summary

Columbus McKinnon Corporation (Nasdaq: CMCO) has announced a quarterly dividend of $0.06 per share, approved by its Board of Directors. This dividend will be payable on or about August 16, 2021 to shareholders on record as of August 6, 2021. Columbus McKinnon has approximately 28.4 million shares outstanding. The company specializes in intelligent motion solutions for material handling, offering products such as hoists and crane components.

Positive

• Quarterly dividend of $0.06 per share approved, indicating confidence in financial stability.
• Scheduled payment date provides assurance to shareholders.

Negative

• None.

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, announced today 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 August 16, 2021 to shareholders of record at the close of business on August 6, 2021. Columbus McKinnon has approximately 28.4 million shares of common stock outstanding.

About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that efficiently and ergonomically move, lift, position, and secure materials. Key products include hoists, crane components, precision conveyor systems, actuators, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210719005708/en/

FAQ

What is the dividend amount for Columbus McKinnon Corporation (CMCO)?

Columbus McKinnon Corporation has declared a quarterly dividend of $0.06 per share.

When will the dividend for CMCO be paid?

The dividend will be payable on or about August 16, 2021.

What is the record date for the CMCO dividend?

The record date for the dividend is August 6, 2021.

How many shares of common stock are outstanding for CMCO?

Columbus McKinnon has approximately 28.4 million shares of common stock outstanding.