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Columbus McKinnon (Columbus McKinnon) 3-Year Dividend Growth Rate : 5.30% (As of Dec. 2023)


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What is Columbus McKinnon 3-Year Dividend Growth Rate?

Columbus McKinnon's Dividends per Share for the three months ended in Dec. 2023 was $0.07.

The historical rank and industry rank for Columbus McKinnon's 3-Year Dividend Growth Rate or its related term are showing as below:

CMCO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 6.3   Max: 14.5
Current: 5.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Columbus McKinnon was 14.50% per year. The lowest was -20.60% per year. And the median was 6.30% per year.

CMCO's 3-Year Dividend Growth Rate is ranked worse than
70.24% of 84 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 12.3 vs CMCO: 5.30

During the past 12 months, Columbus McKinnon's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Columbus McKinnon's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.10. As of today, Columbus McKinnon's Dividend Yield % is 0.67%.

Warning Sign:

Columbus McKinnon Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Columbus McKinnon's 3-Year Dividend Growth Rate

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Columbus McKinnon's 3-Year Dividend Growth Rate Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Columbus McKinnon's 3-Year Dividend Growth Rate falls into.



Columbus McKinnon 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Columbus McKinnon  (NAS:CMCO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Columbus McKinnon's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.07/ 0.74
=0.09

During the past 13 years, the highest Dividend Payout Ratio of Columbus McKinnon was 0.68. The lowest was 0.08. And the median was 0.16.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Columbus McKinnon Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0702024-02-082024-02-092024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.0702023-11-092023-11-102023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.0702023-08-102023-08-112023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.0702023-05-042023-05-052023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Columbus McKinnon's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.28/41.93
=0.67 %

Current Share Price is $41.93.
Columbus McKinnon's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.28.

During the past 13 years, the highest Dividend Yield of Columbus McKinnon was 1.19%. The lowest was 0.14%. And the median was 0.62%.

Warning Sign:

Columbus McKinnon Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Columbus McKinnon 3-Year Dividend Growth Rate Related Terms>


Columbus McKinnon (Columbus McKinnon) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
Executives
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams officer: Interim VP Crane Solutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak officer: VP - Latin America 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella director 6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski officer: VP - Information Services 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman officer: VP, Gen'l Counsel & Secretary 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz officer: VP - Finance and CFO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick officer: VP-CraneSolutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams officer: Vice President & CHRO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg officer: President Dorner Mfg. Corp. 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor director C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos officer: VP Global Product Development 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson director, officer: President & CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277