Columbus Mckinnon's latest quarterly cash dividend of $0.07 per share was issued to shareholders on record before Aug 10, 2023. The dividend distribution stands at $0.28 per share annually, which comes to a dividend yield of 0.82%.
CMCO has a dividend yield of 0.82% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.58%, Columbus Mckinnon's dividend yield is 48% lower. The historical 5-year average of CMCO's dividend yield is 0.7%, which is less than the current one.
Columbus Mckinnon has a dividend history dating as far as 1997, but consistently the company has been paying dividends for the last nine consecutive years. Our records show that CMCO has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 8% since twelve months ago. However with the price of the stock up by 33% from a year ago, the dividend yield has a decrease of 19%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 10, 2023 | Aug 21, 2023 | Jul 24, 2023 | $0.07 | normal |
May 4, 2023 | May 15, 2023 | Mar 20, 2023 | $0.07 | normal |
Feb 9, 2023 | Feb 21, 2023 | Jan 23, 2023 | $0.07 | normal |
Nov 3, 2022 | Nov 14, 2022 | Oct 17, 2022 | $0.07 | normal |
Aug 4, 2022 | Aug 15, 2022 | Jul 18, 2022 | $0.07 | normal |
May 5, 2022 | May 16, 2022 | Mar 21, 2022 | $0.07 | normal |
Feb 10, 2022 | Feb 22, 2022 | Jan 18, 2022 | $0.06 | normal |
Nov 4, 2021 | Nov 15, 2021 | Oct 18, 2021 | $0.06 | normal |
Aug 5, 2021 | Aug 16, 2021 | Jul 19, 2021 | $0.06 | normal |
Apr 30, 2021 | May 13, 2021 | Mar 22, 2021 | $0.06 | normal |
Feb 4, 2021 | Feb 16, 2021 | Jan 19, 2021 | $0.06 | normal |
Nov 5, 2020 | Nov 16, 2020 | Oct 19, 2020 | $0.06 | normal |
Aug 6, 2020 | Aug 17, 2020 | Jul 20, 2020 | $0.06 | normal |
May 1, 2020 | May 14, 2020 | Mar 24, 2020 | $0.06 | normal |
Feb 6, 2020 | Feb 18, 2020 | Jan 20, 2020 | $0.06 | normal |
Nov 7, 2019 | Nov 18, 2019 | Oct 21, 2019 | $0.06 | normal |
Aug 8, 2019 | Aug 19, 2019 | Jul 22, 2019 | $0.06 | normal |
May 2, 2019 | May 13, 2019 | Mar 26, 2019 | $0.06 | normal |
Jan 31, 2019 | Feb 11, 2019 | Jan 22, 2019 | $0.05 | normal |
Nov 8, 2018 | Nov 19, 2018 | Oct 22, 2018 | $0.05 | normal |
Aug 9, 2018 | Aug 20, 2018 | Jul 23, 2018 | $0.05 | normal |
May 3, 2018 | May 14, 2018 | Mar 26, 2018 | $0.05 | normal |
Feb 8, 2018 | Feb 20, 2018 | Jan 29, 2018 | $0.04 | normal |
Nov 9, 2017 | Nov 20, 2017 | Oct 23, 2017 | $0.04 | normal |
Aug 9, 2017 | Aug 21, 2017 | Jul 24, 2017 | $0.04 | normal |
May 3, 2017 | May 15, 2017 | Mar 27, 2017 | $0.04 | normal |
Feb 8, 2017 | Feb 21, 2017 | Jan 23, 2017 | $0.04 | normal |
Nov 8, 2016 | Nov 21, 2016 | Oct 24, 2016 | $0.04 | normal |
Aug 10, 2016 | Aug 22, 2016 | Jul 18, 2016 | $0.04 | normal |
May 4, 2016 | May 16, 2016 | Mar 31, 2016 | $0.04 | normal |
CMCO has a payout ratio of 16.4% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 29.2%, Columbus Mckinnon's payout ratio is 44% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAT Caterpillar Inc | 1.83% | $5 | 31% |
CMCO Columbus Mckinnon Corp | 0.8% | $0.28 | 16.4% |
KAI Kadant Inc | 0.49% | $1.1 | 11.5% |
Yes, Columbus Mckinnon has paid four dividends in the last twelve months. CMCO has been paying dividends since 2015.
CMCO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2023.
Columbus Mckinnon's last regular dividend was on Aug 10, 2023 (ex-date) with the amount of $0.07 per share.
CMCO has paid dividend of $0.28 per share in the last year.
The current dividend yield of Columbus Mckinnon is 0.82%.
Columbus Mckinnon has a quarterly dividend frequency.
Columbus Mckinnon's dividend payout ratio is 16.4%.
Columbus Mckinnon's dividend yield is less than the Industrials sector average.