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DBM Global to Pay $8.8M Cash Dividend to INNOVATE Corp. Stockholders.
ByAinvest
Thursday, Oct 16, 2025 5:26 pm ET1min read
DBM Global, a subsidiary of INNOVATE Corp., will pay a cash dividend of $8.8 million, or $2.28 per share, to its stockholders on November 10, 2025. INNOVATE, as the largest stockholder, will receive approximately $8 million of the total payout. The dividend is expected to be paid to stockholders of record on October 27, 2025.
DBM Global Inc. (DBMG), a subsidiary of INNOVATE Corp. (NYSE: VATE), has announced a cash dividend payment of approximately $8.8 million, or $2.28 per share, to its stockholders on November 10, 2025. The dividend is expected to be paid to stockholders of record on October 27, 2025, according to a .As the largest stockholder of DBMG, INNOVATE Corp. will receive approximately $8 million of the total $8.8 million dividend payout. This announcement follows a series of strategic developments and operational advancements by DBM Global, including significant contract awards and technological innovations in steel construction.
DBM Global has been delivering integrated steel construction solutions and advanced asset management services through its network of specialized subsidiaries. The company operates in diverse markets such as commercial, healthcare, convention centers, stadiums, and public works, among others. With a focus on sustainability and innovation, DBM Global continues to expand its capabilities in structural engineering and advanced construction technologies.
The dividend announcement is a reflection of DBM Global's strong financial performance and commitment to shareholder value. The company has been actively engaged in various projects, including the ongoing transformation of JFK International Airport and other major infrastructure developments. These projects underscore DBM Global's position as a leading provider of steel construction services.
For more information on DBM Global's operations and financial performance, investors and financial professionals can refer to the company's official news releases and financial reports or the Stocktitan news page.
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