Columbus McKinnon declares $0.07 quarterly dividend, annualizes to $0.28 with 0.66% yield.

Columbus McKinnon (NASDAQ: CMCO) announced a $0.07 quarterly dividend, payable to shareholders of record on May 3rd, with a payment date of May 13th. This represents a $0.28 annual dividend and a yield of 0.66%. The company has raised its dividend by 5.3% annually over the last three years and has a dividend payout ratio of 7.4%, with analysts expecting it to sustain its dividend coverage next year.

March 20, 2024
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