Crane Holdings, Co. Declares First Quarter Dividend

Rhea-AI Summary

Crane Holdings, Co. (NYSE:CR) has announced a regular quarterly dividend of $0.47 per share for Q1 2023. The dividend is set to be paid on March 8, 2023, to shareholders recorded by the close of business on February 28, 2023. Established in 1855, Crane is a diversified manufacturer of engineered industrial products, serving various sectors such as aerospace, defense, and chemical processing, among others. The company operates across four segments and employs approximately 11,000 staff globally.

Positive

• Quarterly dividend of $0.47 per share increases income for shareholders.
• The company maintains a consistent dividend payment schedule, reflecting financial stability.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Holdings, Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.47 per share for the first quarter of 2023. The dividend is payable on March 8, 2023 to shareholders of record as of the close of business on February 28, 2023.

About Crane Holdings, Co.

Crane Holdings, Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers across end markets including aerospace, defense, chemical and petrochemical, water and wastewater, payment automation, and banknote security and production, as well as for a wide range of general industrial and consumer applications. The Company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. Crane has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230123005528/en/

Jason D. Feldman

Vice President, Investor Relations

203-363-7329

www.craneco.com

Source: Crane Holdings, Co.

FAQ

What is the dividend amount for Crane Holdings in Q1 2023?

The dividend amount for Crane Holdings in Q1 2023 is $0.47 per share.

When will the dividend for Crane Holdings be paid?

The dividend for Crane Holdings will be paid on March 8, 2023.

What is the record date for the Crane Holdings dividend payment?

The record date for the Crane Holdings dividend payment is February 28, 2023.

How does the dividend of Crane Holdings impact shareholders?

The dividend provides a source of income for shareholders, reflecting the company's financial health.