Crane (CR) To Go Ex-Dividend on February 27th

Crane (NYSE:CR) announced a quarterly dividend on Monday, January 26th. Stockholders of record on Friday, February 27th will be given a dividend of 0.255 per share by the conglomerate on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, February 27th. This is a 10.9% increase from Crane’s previous quarterly dividend of $0.23.

Crane has a payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Crane to earn $8.57 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 11.9%.

Crane Stock Performance

Shares of NYSE CR opened at $204.39 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. The firm has a fifty day moving average price of $195.56 and a 200-day moving average price of $189.20. The stock has a market cap of $11.77 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 1.93 and a beta of 1.24. Crane has a 1 year low of $127.04 and a 1 year high of $214.31.

Crane (NYSE:CR) last released its quarterly earnings data on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.10. The firm had revenue of $581.00 million for the quarter, compared to analysts’ expectations of $572.16 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.38 earnings per share. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Equities analysts anticipate that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Company Profile

Crane Co, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered industrial products serving customers around the world. The company operates through two primary segments: Aerospace & Electronics and Engineered Materials. Its Aerospace & Electronics division designs and produces valves, fittings, manifolds, and filtration systems for aircraft fuel, hydraulics, and environmental control systems. The Engineered Materials segment focuses on advanced polymers, heat exchangers, and specialized composite solutions for industries including chemical processing, semiconductor manufacturing, and power generation.

With roots dating back to its founding in 1855 in Chicago by R.T.