Carpenter Technology Declares Quarterly Cash Dividend

Rhea-AI Summary

Carpenter Technology Corporation (NYSE: CRS) announced a quarterly cash dividend of $0.20 per share, set to be paid on March 2, 2023, to shareholders of record by January 31, 2023. The ex-dividend date is January 30, 2023. Carpenter Technology specializes in high-performance specialty alloy-based materials, serving sectors such as aerospace, defense, and medical. Established in 1889, the company has made significant advancements in premium specialty alloys and additive manufacturing solutions, aiming to enhance materials innovation and streamline production processes.

Positive

• Quarterly cash dividend of $0.20 per share enhances shareholder income.
• Strong presence in high-performance specialty alloys markets.

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• None.

PHILADELPHIA , Jan. 19, 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 March 2, 2023, to shareholders of record on January 31, 2023. The ex-dividend date (the date the common stock trades without the dividend) is January 30, 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.

Media Inquiries:  Heather Beardsley  +1 610-208-2278 hbeardsley@cartech.com

Investor Inquiries: The Plunkett Group Brad Edwards +1 914-582-4187 brad@theplunkettgroup.com

FAQ

What is the dividend amount for Carpenter Technology (CRS)?

The quarterly cash dividend for Carpenter Technology (CRS) is $0.20 per share.

When will the dividend be paid for CRS?

The dividend will be paid on March 2, 2023.

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

The ex-dividend date is January 30, 2023.

Who qualifies for the dividend from Carpenter Technology (CRS)?

Shareholders of record as of January 31, 2023, will qualify for the dividend.