Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators. It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems. The company serves market verticals, including general industries, transportation, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, government agencies, original equipment manufacturers, and engineering procurement and construction firms. The company was founded in 1875 and is headquartered in Buffalo, New York.
Columbus McKinnon Dividend Announcement
• Columbus McKinnon announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-11-08
• Columbus McKinnon annual dividend for 2024 was $0.28
• Columbus McKinnon annual dividend for 2023 was $0.28
• Columbus McKinnon's trailing twelve-month (TTM) dividend yield is 0.69%
• Columbus McKinnon's payout ratio for the trailing twelve months (TTM) is 53.34%
• Columbus McKinnon's dividend growth over the last five years (2018-2023) was 8.06% year
Columbus McKinnon Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.07 | quarterly | 2024-11-18 |
| 2024-08-09 | $0.07 | quarterly | 2024-08-19 |
| 2024-05-02 | $0.07 | quarterly | 2024-05-13 |
| 2024-02-08 | $0.07 | quarterly | 2024-02-20 |
| 2023-11-09 | $0.07 | quarterly | 2023-11-20 |
| 2023-08-10 | $0.07 | quarterly | 2023-08-21 |
| 2023-05-04 | $0.07 | quarterly | 2023-05-15 |
| 2023-02-09 | $0.07 | quarterly | 2023-02-21 |
| 2022-11-03 | $0.07 | quarterly | 2022-11-14 |
| 2022-08-04 | $0.07 | quarterly | 2022-08-15 |
| 2022-05-05 | $0.07 | quarterly | 2022-05-16 |
| 2022-02-10 | $0.06 | quarterly | 2022-02-22 |
| 2021-11-04 | $0.06 | quarterly | 2021-11-15 |
| 2021-08-05 | $0.06 | quarterly | 2021-08-16 |
| 2021-04-30 | $0.06 | quarterly | 2021-05-13 |
| 2021-02-04 | $0.06 | quarterly | 2021-02-16 |
| 2020-11-05 | $0.06 | quarterly | 2020-11-16 |
| 2020-08-06 | $0.06 | quarterly | 2020-08-17 |
| 2020-05-01 | $0.06 | quarterly | 2020-05-14 |
| 2020-02-06 | $0.06 | quarterly | 2020-02-18 |
| 2019-11-07 | $0.06 | quarterly | 2019-11-18 |
| 2019-08-08 | $0.06 | quarterly | 2019-08-19 |
| 2019-05-02 | $0.06 | quarterly | 2019-05-13 |
| 2019-01-31 | $0.05 | quarterly | 2019-02-11 |
| 2018-11-08 | $0.05 | quarterly | 2018-11-19 |
| 2018-08-09 | $0.05 | quarterly | 2018-08-20 |
| 2018-05-03 | $0.05 | quarterly | 2018-05-14 |
| 2018-02-08 | $0.04 | quarterly | 2018-02-20 |
| 2017-11-09 | $0.04 | quarterly | 2017-11-20 |
| 2017-08-09 | $0.04 | quarterly | 2017-08-21 |
| 2017-05-03 | $0.04 | quarterly | 2017-05-15 |
| 2017-02-08 | $0.04 | quarterly | 2017-02-21 |
| 2016-11-08 | $0.04 | quarterly | 2016-11-21 |
| 2016-08-10 | $0.04 | quarterly | 2016-08-22 |
| 2016-05-04 | $0.04 | quarterly | 2016-05-16 |
| 2016-02-10 | $0.04 | quarterly | 2016-02-22 |
| 2015-11-10 | $0.04 | quarterly | 2015-11-23 |
| 2015-08-12 | $0.04 | quarterly | 2015-08-24 |
| 2015-05-06 | $0.04 | quarterly | 2015-05-18 |
| 2015-02-04 | $0.04 | quarterly | 2015-02-17 |
| 2014-11-05 | $0.04 | quarterly | 2014-11-17 |
| 2014-08-06 | $0.04 | quarterly | 2014-08-18 |
| 2014-05-07 | $0.04 | quarterly | 2014-05-19 |
| 2001-09-18 | $0.07 | quarterly | 2001-10-04 |
| 2001-06-19 | $0.07 | quarterly | 2001-07-05 |
| 2001-03-20 | $0.07 | quarterly | 2001-04-05 |
Columbus McKinnon Dividend per year
Columbus McKinnon Dividend growth
Columbus McKinnon Dividend Yield
Columbus McKinnon current trailing twelve-month (TTM) dividend yield is 0.69%. Interested in purchasing Columbus McKinnon stock? Use our calculator to estimate your expected dividend yield:
Columbus McKinnon Financial Ratios
P/E ratio77.48
PEG ratio-1.47
P/B ratio1.31
ROE1.71%
Payout ratio53.34%
Current ratio2.04
Quick ratio1.16
Cash Ratio0.24
Columbus McKinnon Dividend FAQ
How much is the next Columbus McKinnon dividend?
Columbus McKinnon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Columbus McKinnon dividend. The next Columbus McKinnon dividend will be released in February, May, August, or November.
When is Columbus McKinnon dividend paid?
Columbus McKinnon pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Columbus McKinnon pay?
The specific amount of Columbus McKinnon dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Columbus McKinnon's dividend history.
Does Columbus McKinnon stock pay dividends?
Yes, Columbus McKinnon does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Columbus McKinnon's dividend history.
How much dividend does Columbus McKinnon pay?
Columbus McKinnon paid $0.28 in 2024, $0.28 in 2023, $0.27 in 2022, $0.24 in 2021, and $0.24 in 2020.
How often does Columbus McKinnon pay dividends?
Columbus McKinnon typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Columbus McKinnon's dividend yield?
The current dividend yield for Columbus McKinnon is 0.69%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Columbus McKinnon's exact dividend yield.
When does Columbus McKinnon go ex dividend?
Columbus McKinnon's ex-dividend date for the latest dividend was on 2024-11-08. Columbus McKinnon typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Columbus McKinnon dividend paid?
Columbus McKinnon pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Columbus McKinnon increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Columbus McKinnon will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Columbus McKinnon dividend per share?
Columbus McKinnon paid $0.28 per share in 2024 and $0.28 per share in 2023. The amount of dividend per share that Columbus McKinnon pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Columbus McKinnon a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Columbus McKinnon a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Columbus McKinnon a dividend stock?
Yes, Columbus McKinnon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Columbus McKinnon a good dividend stock?
Whether Columbus McKinnon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Columbus McKinnon has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Columbus McKinnon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Columbus McKinnon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Columbus McKinnon pay dividends monthly?
Columbus McKinnon typically pays dividends on a quarterly basis.
Does Columbus McKinnon pay dividends quarterly?
Columbus McKinnon currently pays dividends on a quarterly basis.
Has Columbus McKinnon ever paid a dividend?
Yes, Columbus McKinnon has a history of paying dividends to its shareholders. Columbus McKinnon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Columbus McKinnon dividend stocks?
To buy Columbus McKinnon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Columbus McKinnon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Columbus McKinnon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Columbus McKinnon pay dividends 2024?
Columbus McKinnon pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Columbus McKinnon increase its dividend in 2024?
Decisions regarding Columbus McKinnon dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Columbus McKinnon dividend overview you can look into the above table of dividend history.
How Columbus McKinnon dividend works?
The Columbus McKinnon dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Columbus McKinnon's dividend process works:
1. Determination of Dividend: Columbus McKinnon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Columbus McKinnon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Columbus McKinnon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Columbus McKinnon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Columbus McKinnon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Columbus McKinnon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Columbus McKinnon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Columbus McKinnon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Columbus McKinnon dividends paid?
Columbus McKinnon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Columbus McKinnon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Columbus McKinnon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Columbus McKinnon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Columbus McKinnon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Columbus McKinnon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Columbus McKinnon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Columbus McKinnon pay dividends?
Columbus McKinnon typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Columbus McKinnon pay dividends?
The general pattern is that Columbus McKinnon pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Columbus McKinnon dividend safe?
The safety of Columbus McKinnon's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Columbus McKinnon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Columbus McKinnon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Columbus McKinnon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Columbus McKinnon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.