INNOVATE Corp.’s DBM Global to pay $1.30 per share dividend

INNOVATE Corp. (VATE) announced that DBM Global, an operating subsidiary of INNOVATE, will pay a cash dividend of approximately $5M, or $1.30 per share, on February 24, 2026 to DBMG’s stockholders of record at the close of business on February 9, 2026. As the largest stockholder of DBMG, INNOVATE expects to receive approximately $4.6M of the total $5M dividend payout. INNOVATE’s individual stockholders are not eligible to receive the cash dividend.