Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C.--()--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 February 20, 2024, to shareholders of record at the close of business on February 9, 2024. Columbus McKinnon has approximately 28.8 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.

Contacts

Company:
Gregory P. Rustowicz
Executive Vice President - Finance and Chief Financial Officer
716-689-5442
greg.rustowicz@cmco.com

Kristine Moser
Vice President, Investor Relations and Treasurer
704-942-3253
kristy.moser@cmco.com

Investor Relations:
Deborah K. Pawlowski
Kei Advisors LLC
716-843-3908
dpawlowski@keiadvisors.com

Release Summary

CMCO $0.07/share quarterly dividend

Contacts

Company:
Gregory P. Rustowicz
Executive Vice President - Finance and Chief Financial Officer
716-689-5442
greg.rustowicz@cmco.com

Kristine Moser
Vice President, Investor Relations and Treasurer
704-942-3253
kristy.moser@cmco.com

Investor Relations:
Deborah K. Pawlowski
Kei Advisors LLC
716-843-3908
dpawlowski@keiadvisors.com