Crawford & Company Board Declares Dividends

Rhea-AI Summary

On February 9, 2023, Crawford & Company announced a quarterly dividend of $0.06 per share for both Class A and Class B Common Stock. This dividend will be payable on March 10, 2023, to shareholders on record as of February 27, 2023. Crawford & Company, listed under stock symbols CRD-A and CRD-B, is the largest independent provider of claims management solutions globally, with operations in over 70 countries. The company emphasizes the ability to pay higher dividends on non-voting Class A shares compared to voting Class B shares. For further information, shareholders can visit www.crawco.com.

Positive

• Declaration of a quarterly dividend of $0.06 per share for both CRD-A and CRD-B.
• Strong position as the world's largest independent claims management provider.
• Payment date for dividends set, providing income for shareholders on March 10, 2023.

Negative

• None.

ATLANTA--(BUSINESS WIRE)-- On February 9, 2023, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on March 10, 2023, to shareholders of record as of the close of business on February 27, 2023.

For further information regarding this press release, please call Bruce Swain at (404) 300-1051.

About Crawford®

Based in Atlanta, Crawford & Company (NYSE: CRD-A and CRD-B) is the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations with an expansive global network serving clients in more than 70 countries. The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRD-A must receive the same type and amount of consideration as holders of CRD-B, unless different consideration is approved by the holders of 75 percent of CRD-A, voting as a class. More information is available at www.crawco.com.

For further information regarding this press release, please contact mediarelations@us.crawco.com

Tag: [Crawford-Financial, Crawford-Investor-News-and-Events]

View source version on businesswire.com: https://www.businesswire.com/news/home/20230210005038/en/

Media Contacts: mediarelations@us.crawco.com

Lynn Cufley

+44 207 265 4067

Lynn.Cufley@crawco.uk

Katie Cline

+1 470 792 5678

Katie.Cline@us.crawco.com

Source: Crawford & Company

FAQ

What is the dividend amount for Crawford & Company stock?

The dividend amount declared is $0.06 per share for both Class A and Class B Common Stock.

When will the Crawford & Company dividend be paid?

The dividend will be paid on March 10, 2023.

What is the record date for Crawford & Company dividend?

The record date for the dividend is February 27, 2023.

What are the stock symbols for Crawford & Company?

The stock symbols for Crawford & Company are CRD-A and CRD-B.

How does the dividend vary between Class A and Class B shares?

Class A shares can receive greater cash dividends compared to Class B shares, subject to certain limitations.