Charles River Associates (CRA) Declares Quarterly Cash Dividend of $0.36 Per Common Share
Charles River Associates (CRAI) announced a quarterly cash dividend of $0.36 per common share, scheduled for payment on March 24, 2023. Shareholders of record as of the close of business on March 14, 2023 will receive this dividend. CRA emphasizes its intent to continue paying quarterly dividends, subject to the discretion of its Board of Directors. This announcement reflects the company's commitment to returning value to its shareholders amid ongoing economic conditions and operational strategies.
- Quarterly cash dividend of $0.36 demonstrates commitment to returning value to shareholders.
- Expected continuation of quarterly dividends indicates stable financial management.
- Future dividend payments are subject to economic conditions and company performance.
About
Charles River Associates® is a leading global consulting firm specializing in economic, financial and management consulting services. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in
SAFE HARBOR STATEMENT
Statements in this press release concerning our expectations regarding the payment of future quarterly dividends are “forward-looking” statements as defined in Section 21 of the Exchange Act. These statements are based upon our current expectations and various underlying assumptions. Although we believe there is a reasonable basis for these statements and assumptions, and these statements are expressed in good faith, these statements are subject to a number of additional factors and uncertainties. These factors include, but are not limited to, the possibility that the demand for our services may decline as a result of changes in general and industry specific economic conditions; the timing of engagements for our services; the effects of competitive services and pricing; our ability to attract and retain key employee or non-employee experts; the inability to integrate and utilize existing consultants and personnel; the decline or reduction in project work or activity; global economic conditions including less stable political and economic environments; the impact of epidemics or pandemics such as the COVID-19 pandemic outbreak; foreign currency exchange rate fluctuations; unanticipated expenses and liabilities; risks inherent in international operations; changes in tax law or accounting standards, rules, and regulations; our ability to collect on forgivable loans should any become due; and professional and other legal liability or settlements. Additional risks and uncertainties are discussed in our periodic filings with the
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Chief Financial Officer
617-425-3505
crai@investorrelations.com
617-542-5300
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