Carpenter Technology Declares Quarterly Dividend of $0.20 per Share
Carpenter Technology (CRS) has declared a quarterly dividend of $0.20 per share, consistent with its previous payout. The forward yield is estimated at 0.21%. The dividend will be payable on December 3 to shareholders of record as of October 20, with an ex-dividend date also set for October 20. In addition to the regular dividend announcement, Carpenter Technology has authorized a new $1 billion share buyback program, signaling continued confidence in its financial position and long-term strategy. The company is positioned within the specialty materials sector, particularly benefiting from Boeing's production ramp-up.
Tickers: $CRS
Topics: corporate_actions dividends