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 December 1, 2022, to shareholders of record on October 25, 2022. The ex-dividend date is set for October 24, 2022. This dividend signifies the company's commitment to returning value to its shareholders.

Founded in 1889, Carpenter Technology specializes in high-performance specialty alloy-based materials, serving critical sectors including aerospace and medical. The company has made significant strides in additive manufacturing to enhance its product offerings.

Positive

• Quarterly cash dividend of $0.20 per share demonstrates strong shareholder return.
• Ongoing commitment to innovation in specialty alloys and additive manufacturing.

Negative

• None.

PHILADELPHIA, Oct. 13, 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 December 1, 2022, to shareholders of record on October 25, 2022. The ex-dividend date (the date the common stock trades without the dividend) is October 24, 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 announced by Carpenter Technology (CRS)?

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

When is the dividend payable for Carpenter Technology (CRS)?

The dividend is payable on December 1, 2022.

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

The ex-dividend date is October 24, 2022.

Who are the shareholders eligible for the dividend from Carpenter Technology (CRS)?

Shareholders of record on October 25, 2022, are eligible for the dividend.

What industry does Carpenter Technology (CRS) operate in?

Carpenter Technology operates in the specialty alloy-based materials industry, serving sectors like aerospace and defense.