Carpenter Technology Declares Quarterly Cash Dividend

Rhea-AI Summary

Carpenter Technology Corporation (NYSE: CRS) has announced a quarterly cash dividend of $0.20 per share, set to be paid on June 1, 2023. This dividend is for shareholders who are on record as of May 2, 2023, with an ex-dividend date of May 1, 2023. Carpenter Technology is a leader in specialty alloy-based materials, serving critical industries such as aerospace, defense, and medical. The company’s extensive capabilities in premium specialty alloys and additive manufacturing solutions highlight its commitment to innovation and quality.

Positive

• Quarterly cash dividend of $0.20 per share announced.
• Dividend payment reflects company confidence in financial health.

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• None.

PHILADELPHIA, April 20, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable June 1, 2023, to shareholders of record on May 2, 2023. The ex-dividend date (the date the common stock trades without the dividend) is May 1, 2023.

About Carpenter Technology

Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys, including titanium, nickel, and cobalt, as well as alloys specifically engineered for additive manufacturing (AM) processes and soft magnetics applications. Carpenter Technology has expanded its AM capabilities to provide a complete “end-to-end” solution to accelerate materials innovation and streamline parts production. More information about Carpenter Technology can be found at www.carpentertechnology.com.

Investor Inquiries:	Media Inquiries:
John Huyette	Heather Beardsley
+1 610-208-2061	+1 610-208-2278
jhuyette@cartech.com	hbeardsley@cartech.com

FAQ

What is the dividend amount announced by Carpenter Technology (CRS)?

Carpenter Technology has announced a dividend of $0.20 per share.

When will Carpenter Technology's dividend be paid?

The dividend will be paid on June 1, 2023.

What is the ex-dividend date for Carpenter Technology's stock?

The ex-dividend date is May 1, 2023.

Who qualifies for the dividend payment from Carpenter Technology?

Shareholders of record on May 2, 2023, will qualify for the dividend.