DBM Global Inc., a HC2 Portfolio Company, to Pay Cash Dividend

May 04, 2020

NEW YORK, May 04, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC, Financial), a diversified holding company, announced today that its operating subsidiary DBM Global Inc. (OTC:DBMG), a family of companies providing fully integrated steel construction services, will pay a cash dividend of $15 million, or $3.89 per share, on May 26, 2020 to DBM Global Inc. stockholders of record at the close of business on May 15, 2020. As the largest stockholder of DBM Global Inc., HC2 expects to receive approximately $14 million of the total $15 million dividend payout.

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