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 common share. This dividend is set to be paid on or about February 22, 2022, to shareholders on record as of February 11, 2022. The company boasts approximately 28.5 million shares outstanding, reflecting a commitment to return value to its shareholders. Columbus McKinnon is a leader in intelligent motion solutions, focusing on safety and quality in material handling applications.

Positive

• Quarterly dividend of $0.06 per share announced, demonstrating commitment to returning value to shareholders.
• Approximately 28.5 million shares outstanding, indicating strong shareholder base.

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• None.

BUFFALO, N.Y.--(BUSINESS WIRE)-- 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 February 22, 2022 to shareholders of record at the close of business on February 11, 2022. Columbus McKinnon has approximately 28.5 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005776/en/

Gregory P. Rustowicz

Senior 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

FAQ

What is the dividend amount for CMCO in February 2022?

The dividend amount for CMCO is $0.06 per common share.

When will CMCO's dividend be paid?

CMCO's dividend will be paid on or about February 22, 2022.

What is the record date for CMCO's dividend?

The record date for CMCO's dividend is February 11, 2022.

How many shares of CMCO are outstanding?

Columbus McKinnon has approximately 28.5 million shares of common stock outstanding.