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On May 13, 2022, Crawford & Company declared a quarterly dividend of $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stocks. This dividend is payable on June 10, 2022, to shareholders on record as of May 27, 2022. The company, based in Atlanta, is a leading independent provider of claims management services, operating in over 70 countries. The two classes of stock possess similar attributes but differ in voting rights and dividend payments.
Positive
Quarterly dividend of $0.06 per share enhances shareholder value.
Strong global presence operating in over 70 countries.
Negative
None.
ATLANTA--(BUSINESS WIRE)--
On May 13, 2022, 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 June 10, 2022, to shareholders of record as of the close of business on May 27, 2022.
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.
