DBM Global to Pay Cash Dividend
May 07 2019 - 04:20PM
DBM Global Inc. (OTC: DBMG), a family of companies providing fully
integrated steel construction services, and an operating subsidiary
of HC2 Holdings, Inc. (NYSE: HCHC), announced today that it will
pay a cash dividend of $15.0 million, or $3.89 per share, on May
29, 2019 to DBM Global Inc. stockholders of record at the close of
business on May 17, 2019.
About DBM Global Inc.
DBM Global Inc. is a fully integrated 3D
Building Information Modeling (“BIM”) modeler, detailer,
fabricator, and erector of structural steel and heavy steel plate.
DBMG models, details, fabricates and erects structural steel for
commercial and industrial and infrastructure construction projects
such as high-and low-risk buildings and office complexes, hotels
and casinos, convention centers, sports arenas and stadiums,
shopping malls, hospitals, dams, bridges, mines and power
plants. DBMG also fabricates trusses and girders and
specializes in the fabrication and erection of large-diameter water
pipe and water storage tanks. Through its Aitken business
(“Aitken”), DBMG manufactures pollution control scrubbers, tunnel
liners, pressure vessels, strainers, filters, separators and a
variety of customized products. Through its most recent
acquisition, GrayWolf Industrial (“GrayWolf”), DBMG also provides
specialty maintenance, repair, and installation services to a
diverse set of end markets, including power, petrochemical, pulp
& paper, and refinery. Headquartered in Phoenix, Arizona,
DBMG has operations in Arizona, California, Georgia, Kansas,
Kentucky, Texas, and Utah with construction projects primarily
located in the aforementioned states.
For additional information on DBM Global’s
majority shareholder, HC2 Holdings, Inc. (NYSE: HCHC), please visit
http://www.hc2.com or contact:
Investor Relations Garrett Edson
ICR Phone: (212) 235-2691 E-Mail: ir@hcr.com
Contact: DBM Global Inc. Michael R. Hill, VP and
CFO (602) 257-7838 Email:
mike.hill@dbmglobal.com
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