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 of common stock. This dividend will be payable on June 2, 2022, to shareholders on record as of May 3, 2022. The ex-dividend date is May 2, 2022.

Carpenter Technology is a leader in specialty alloy materials for critical applications across various sectors, including aerospace and defense. Founded in 1889, the company continues to innovate in premium specialty alloys and additive manufacturing solutions.

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• Quarterly cash dividend of $0.20 per share signifies strong financial position and shareholder returns.

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• None.

PHILADELPHIA, April 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 June 2, 2022, to shareholders of record on May 3, 2022. The ex-dividend date (the date the common stock trades without the dividend) is May 2, 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?

Carpenter Technology Corporation has declared a quarterly cash dividend of $0.20 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on June 2, 2022.

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

The ex-dividend date is May 2, 2022.

Who is eligible to receive the dividend from Carpenter Technology?

Shareholders on record as of May 3, 2022, are eligible to receive the dividend.