Crane (CR) To Go Ex-Dividend on May 29th

Crane (NYSE:CR) declared a quarterly dividend on Monday, April 27th. Shareholders of record on Friday, May 29th will be given a dividend of 0.255 per share by the conglomerate on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, May 29th.

Crane has a payout ratio of 16.1% meaning 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

CR opened at $182.11 on Wednesday. Crane has a 12-month low of $159.58 and a 12-month high of $214.31. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $10.52 billion, a PE ratio of 24.12, a P/E/G ratio of 1.93 and a beta of 1.15. The firm has a 50 day moving average of $178.02 and a two-hundred day moving average of $187.14.

Crane (NYSE:CR) last posted its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. The company had revenue of $696.40 million during the quarter, compared to analyst estimates of $672.74 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. Crane’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period last year, the firm posted $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, analysts anticipate that Crane will post 7.87 EPS for the current year.

About Crane

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.