Columbus McKinnon Hikes Quarterly Dividend By 17%

March 21, 2022 4:59 PM | 24 seconds read | Make a Comment

Columbus McKinnon Corp. CMCO Board approved an increase to its regular quarterly dividend to $0.07 per common share, a rise of 17% from the previous quarterly dividend of $0.06.
The dividend is payable on May 16, 2022, to shareholders of record at the close of business on May 6, 2022.
Columbus McKinnon has ~28.5 million shares of common stock outstanding.
Price Action: CMCO shares closed lower by 1.50% at $43.36 on Monday.