Columbus McKinnon Announces Quarterly Dividend of $0.07 Per Share
Columbus McKinnon Corporation (CMCO) has declared a quarterly dividend of $0.07 per share. The dividend carries a forward yield of 1.87%, with the ex-dividend date set for November 6 and payment scheduled for November 16. The announcement follows a period of strong financial performance for the company, including a robust fiscal Q1 that drove significant share price appreciation. Additionally, management has raised its FY2027 outlook, projecting sales between $2.09 billion and $2.15 billion alongside adjusted earnings per share (EPS) in the range of $1.90 to $2.10.
Tickers: $CMCO
Topics: debt restructuring dividend declaration earnings performance fiscal outlook