Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

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Columbus McKinnon Corporation (CMCO) approves payment of $0.07 per share quarterly dividend.

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• Columbus McKinnon Corporation (CMCO) approves payment of $0.07 per share quarterly dividend.

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CHARLOTTE, N.C.--(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 November 20, 2023, to shareholders of record at the close of business on November 10, 2023. Columbus McKinnon has approximately 28.7 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/20231023041058/en/

Gregory P. Rustowicz

Executive 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 payment approved by Columbus McKinnon Corporation?

Columbus McKinnon Corporation has approved a payment of $0.07 per common share as a quarterly dividend.

When will the dividend be payable?

The dividend will be payable on or about November 20, 2023.

Who will receive the dividend payment?

Shareholders of record at the close of business on November 10, 2023, will receive the dividend payment.

How many shares of common stock does Columbus McKinnon have outstanding?

Columbus McKinnon has approximately 28.7 million shares of common stock outstanding.