Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. The company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for fighter jets, power conversion solutions for spacecraft, and lubrication systems. The Process Flow Technologies segment provides engineered fluid handling equipment for mission critical applications. It offers process valves and related products, commercial valves, and pumps and systems. The Payment & Merchandising Technologies segment provides electronic equipment and associated software leveraging extensive, and proprietary core capabilities, including payment verification and authentication, as well as automation solutions, field service solutions, remote diagnostics, and productivity enhancing software solutions. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles and in commercial and industrial buildings applications. It provides products and solutions to customers across end markets, including aerospace, defense, chemical and pharmaceutical, water and wastewater, payment automation, non-residential and municipal construction, energy, and banknote design and production, as well as for a range of general industrial and consumer applications. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.
Crane Dividend Announcement
• Crane announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-11-29
• Crane annual dividend for 2024 was $0.82
• Crane annual dividend for 2023 was $1.01
• Crane's trailing twelve-month (TTM) dividend yield is 0.5%
• Crane's payout ratio for the trailing twelve months (TTM) is 17.26%
• Crane's dividend growth over the last five years (2018-2023) was -6.32% year
• Crane's dividend growth over the last ten years (2013-2023) was -1.38% year
Crane Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.20 | quarterly | 2024-12-11 |
2024-08-30 | $0.20 | quarterly | 2024-09-11 |
2024-05-31 | $0.20 | quarterly | 2024-06-12 |
2024-02-28 | $0.20 | quarterly | 2024-03-13 |
2023-11-29 | $0.18 | quarterly | 2023-12-13 |
2023-08-30 | $0.18 | quarterly | 2023-09-13 |
2023-05-30 | $0.18 | quarterly | 2023-06-08 |
2023-02-27 | $0.47 | quarterly | 2023-03-08 |
2022-11-29 | $0.47 | quarterly | 2022-12-14 |
2022-08-30 | $0.47 | quarterly | 2022-09-14 |
2022-05-27 | $0.47 | quarterly | 2022-06-08 |
2022-02-25 | $0.47 | quarterly | 2022-03-09 |
2021-11-29 | $0.43 | quarterly | 2021-12-08 |
2021-08-30 | $0.43 | quarterly | 2021-09-08 |
2021-05-27 | $0.43 | quarterly | 2021-06-09 |
2021-02-25 | $0.43 | quarterly | 2021-03-10 |
2020-11-27 | $0.43 | quarterly | 2020-12-09 |
2020-08-28 | $0.43 | quarterly | 2020-09-09 |
2020-05-28 | $0.43 | quarterly | 2020-06-10 |
2020-02-27 | $0.43 | quarterly | 2020-03-11 |
2019-11-27 | $0.39 | quarterly | 2019-12-09 |
2019-08-29 | $0.39 | quarterly | 2019-09-09 |
2019-05-30 | $0.39 | quarterly | 2019-06-10 |
2019-02-27 | $0.39 | quarterly | 2019-03-11 |
2018-11-29 | $0.35 | quarterly | 2018-12-10 |
2018-08-30 | $0.35 | quarterly | 2018-09-10 |
2018-05-30 | $0.35 | quarterly | 2018-06-08 |
2018-02-27 | $0.35 | quarterly | 2018-03-09 |
2017-11-29 | $0.33 | quarterly | 2017-12-08 |
2017-08-29 | $0.33 | quarterly | 2017-09-08 |
2017-05-26 | $0.33 | quarterly | 2017-06-09 |
2017-02-24 | $0.33 | quarterly | 2017-03-09 |
2016-11-28 | $0.33 | quarterly | 2016-12-09 |
2016-08-29 | $0.33 | quarterly | 2016-09-09 |
2016-05-26 | $0.33 | quarterly | 2016-06-10 |
2016-02-25 | $0.33 | quarterly | 2016-03-10 |
2015-11-25 | $0.33 | quarterly | 2015-12-09 |
2015-08-27 | $0.33 | quarterly | 2015-09-09 |
2015-05-27 | $0.33 | quarterly | 2015-06-09 |
2015-02-25 | $0.33 | quarterly | 2015-03-10 |
2014-11-25 | $0.33 | quarterly | 2014-12-09 |
2014-08-27 | $0.33 | quarterly | 2014-09-09 |
2014-05-28 | $0.30 | quarterly | 2014-06-10 |
2014-02-26 | $0.30 | quarterly | 2014-03-10 |
2013-11-26 | $0.30 | quarterly | 2013-12-10 |
2013-08-28 | $0.30 | quarterly | 2013-09-10 |
2013-05-29 | $0.28 | quarterly | 2013-06-11 |
2013-02-26 | $0.28 | quarterly | 2013-03-08 |
Crane Dividend per year
Crane Dividend growth
Crane Dividend Yield
Crane current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Crane stock? Use our calculator to estimate your expected dividend yield:
Crane Financial Ratios
Crane Dividend FAQ
Other factors to consider when evaluating Crane as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Crane's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Crane publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Crane distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Crane are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Crane sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Crane distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Crane declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Crane's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Crane's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.