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, to be paid on December 3, 2020, to shareholders recorded by October 27, 2020. The ex-dividend date is set for October 26, 2020. Carpenter Technology is a leader in specialty alloys and process solutions across various industries, including aerospace, defense, and medical sectors.

Positive

• Quarterly dividend of $0.20 per share indicates company confidence and commitment to returning value to shareholders.

Negative

• None.

PHILADELPHIA, Oct. 15, 2020 (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 3, 2020, to shareholders of record on October 27, 2020. The ex-dividend date (the date the common stock trades without the dividend) is October 26, 2020.

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 Corporation?

The declared dividend amount is $0.20 per share.

When will the dividend be paid to shareholders of Carpenter Technology Corporation?

The dividend will be paid on December 3, 2020.

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

The ex-dividend date is October 26, 2020.

Who can receive the dividend declared by Carpenter Technology Corporation?

Shareholders of record as of October 27, 2020, are eligible to receive the dividend.