Crown Holdings, Inc. (NYSE:CCK) Raises Dividend to $0.35 Per Share

Crown Holdings, Inc. (NYSE:CCK) declared a quarterly dividend on Friday, February 27th. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.35 per share by the industrial products company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a 34.6% increase from Crown’s previous quarterly dividend of $0.26.

Crown has a payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Crown to earn $7.62 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 18.4%.

Crown Trading Up 1.0%

Shares of Crown stock opened at $105.13 on Friday. The stock has a market cap of $11.90 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.23 and a beta of 0.70. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. Crown has a 12-month low of $75.98 and a 12-month high of $116.62. The business’s 50 day moving average is $108.22 and its 200-day moving average is $101.08.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the business earned $1.59 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Equities research analysts predict that Crown will post 6.96 earnings per share for the current fiscal year.

Crown Company Profile

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.