---
title: "INNOVATE’s Portfolio Company DBM Global to Pay Cash Dividend — Stuff That Spins"
description: "NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE:VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), a family o…"
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date: "2026-07-08T20:12:00+00:00"
modified: "2026-07-09T00:01:32.816235+00:00"
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# INNOVATE’s Portfolio Company DBM Global to Pay Cash Dividend

**Source:** Unknown  
**Published:** July 8, 2026  
**Original:** https://www.globenewswire.com/news-release/2026/07/08/3324446/0/en/INNOVATE-s-Portfolio-Company-DBM-Global-to-Pay-Cash-Dividend.html  

## On this page

- [Overview](#overview)

<a id="overview"></a>

## Overview

NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE:VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), a family of companies providing fully integrated steel construction services, and an operating subsidiary of INNOVATE, will pay a cash dividend of approximately $12 million, or $3.12 per share, on August 3, 2026 to DBMG’s stockholders of record at the close of business on July 20, 2026. As the largest stockholder of DBMG, INNOVATE expects to receive

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