CMCO Columbus McKinnon Corporation

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

(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 May 13, 2024, to shareholders of record at the close of business on May 3, 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 .

EN
18/03/2024

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Reports on Columbus McKinnon Corporation

 PRESS RELEASE

Columbus McKinnon and Milwaukee Tool Announce Development of First-of-...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO)(“Company” “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, and Milwaukee Tool, a global leader in delivering innovative solutions to the professional construction trades, today announced the joint development of a first-of-its-kind battery hoist. Combining Columbus McKinnon’s industry-leading hoist design with Milwaukee Tool’s expertise in lithium-ion battery and brushless motor technology, the innovative BatteryStar™ hoist provides the lifting strength ...

 PRESS RELEASE

Columbus McKinnon Announces Successful Completion of Term Loan B Repri...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it successfully completed the repricing of its $497.6 million senior secured Term Loan B (“TLB”). The repricing is net leverage neutral and reduces the interest rate margin applicable to the TLB by 25 basis points to SOFR plus 2.50% from SOFR plus 2.75% and, with respect to the TLB, removes the credit spread adjustment, which was previously 26 basis points for an interest period of three months. The Company estimates the TLB repricing will produce annualized cash interest expense sav...

 PRESS RELEASE

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C.--(BUSINESS WIRE)-- (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 May 13, 2024, to shareholders of record at the close of business on May 3, 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 ...

 PRESS RELEASE

Columbus McKinnon Announces Appointment of Chris Stephens Jr. to Board...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced the appointment of Chris J. Stephens Jr. to its Board of Directors effective immediately. Stephens will also serve as a member of the Audit Committee and Human Capital, Compensation and Succession Committee leveraging his 35 years of experience in financial and operational leadership. This press release features multimedia. View the full release here: (Photo: Business Wire) “We’re pleased to add Chris’s skills and experience to our talented Board as we continue to execute on our transfor...

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