Carpenter Technology Declares Quarterly Cash Dividend

Rhea-AI Summary

Carpenter Technology Corporation (NYSE: CRS) has declared a quarterly cash dividend of $0.20 per share, payable on March 3, 2022, to shareholders of record on February 1, 2022. The ex-dividend date is set for January 31, 2022. Carpenter Technology specializes in high-performance specialty alloy materials for various critical sectors, including aerospace, defense, and medical. Founded in 1889, the company is known for its innovations in titanium, nickel, and cobalt alloys, among others.

Positive

• Quarterly cash dividend declared at $0.20 per share provides income to shareholders.
• Scheduled payment on March 3, 2022, reflects company confidence in financial stability.

Negative

• None.

PHILADELPHIA, Jan. 20, 2022 (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 March 3, 2022, to shareholders of record on February 1, 2022. The ex-dividend date (the date the common stock trades without the dividend) is January 31, 2022.

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.

Media Inquiries:	Investor Inquiries:
Heather Beardsley	The Plunkett Group
+1 610-208-2278	Brad Edwards
hbeardsley@cartech.com	+1 914-582-4187
	brad@theplunkettgroup.com

FAQ

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

The declared dividend amount is $0.20 per share.

When will the dividend for CRS be paid?

The dividend will be paid on March 3, 2022.

What is the record date for the CRS dividend?

The record date for the dividend is February 1, 2022.

When is the ex-dividend date for Carpenter Technology (CRS)?

The ex-dividend date is January 31, 2022.

How often does Carpenter Technology pay dividends?

Carpenter Technology typically pays dividends on a quarterly basis.