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Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Columbus McKinnon Corporation (NASDAQ: CMCO) announced a quarterly dividend of $0.07 per share, payable on May 15, 2023, to shareholders on record by May 5, 2023. The company has approximately 28.6 million shares outstanding, reflecting its commitment to providing returns to shareholders. Columbus McKinnon is a leader in intelligent motion solutions for material handling, focusing on safety and quality through superior design and engineering. For more information, visit www.columbusmckinnon.com.
Positive
Quarterly dividend of $0.07 reflects company's commitment to shareholders.
Company has approximately 28.6 million shares outstanding.
Negative
None.
BUFFALO, N.Y.--(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 May 15, 2023 to shareholders of record at the close of business on May 5, 2023. Columbus McKinnon has approximately 28.6 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.
