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COLUMBUS MCKINNON CORPORATION

(CMCO)
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Columbus McKinnon : Declares Quarterly Dividend of $0.06 per Share - Form 8-K

10/18/2021 | 04:22pm EST
Columbus McKinnon Declares Quarterly
Dividend of $0.06 per Share

BUFFALO, NY, October 18, 2021 - Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, announced today that its Board of Directors has approved payment of a regular quarterly dividend of $0.06 per common share.

The dividend will be payable on or about November 15, 2021 to shareholders of record at the close of business on November 5, 2021. Columbus McKinnon has approximately 28.4 million shares of common stock outstanding.

About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that efficiently and ergonomically move, lift, position, and secure materials.Key products include hoists, crane components, precision conveyor systems, actuators, 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:
Gregory P. Rustowicz Investor Relations:
Vice President - Finance and Chief Financial Officer Deborah K. Pawlowski
Columbus McKinnon Corporation Kei Advisors LLC
716-689-5442 716-843-3908
greg.rustowicz@cmworks.com dpawlowski@keiadvisors.com

Disclaimer

Columbus McKinnon Corporation published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 20:21:02 UTC.


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Financials (USD)
Sales 2022 897 M - -
Net income 2022 34,8 M - -
Net Debt 2022 420 M - -
P/E ratio 2022 37,9x
Yield 2022 -
Capitalization 1 218 M 1 218 M -
EV / Sales 2022 1,83x
EV / Sales 2023 1,56x
Nbr of Employees 2 651
Free-Float 97,3%
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Number of Analysts 9
Last Close Price 42,84 $
Average target price 64,44 $
Spread / Average Target 50,4%
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Managers and Directors
David J. Wilson President, Chief Executive Officer & Director
Gregory P. Rustowicz CFO, Vice President & Head-Investor Relations
Richard H. Fleming Chairman
Nicholas T. Pinchuk Independent Director
Liam G. McCarthy Independent Director