Columbus McKinnon Declares $0.07 Quarterly Dividend

By Tamara Parker • Monday, October 21 15:28 • Permanent Link

Columbus McKinnon Corporation (Nasdaq: CMCO) has declared a regular quarterly dividend of $0.07 per common share, payable on or about November 18, 2024. This dividend is for shareholders of record at the close of business on November 8, 2024. With approximately 28.7 million shares of common stock outstanding, this dividend declaration reflects the company's ongoing commitment to rewarding its shareholders.

In the previous quarter, Columbus McKinnon Corporation also declared a dividend of $0.07 per common share. Therefore, there has been no change in the dividend amount compared to the last period.

As a leading worldwide designer, manufacturer, and marketer of intelligent motion solutions for material handling, Columbus McKinnon's focus on providing consistent returns to its shareholders is evident in its dividend policy. Investors can look forward to the continued stability of dividend payments from the company. As a result of these announcements, the company's shares have moved -2.0% on the market, and are now trading at a price of $33.69. For more information, read the company's full 8-K submission here.

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