PHILADELPHIA, PA — Carpenter Technology Corporation (NYSE: CRS) announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock. The dividend will be payable on September 5, 2024, to shareholders of record as of August 27, 2024. The ex-dividend date is August 26, 2024.
Founded in 1889, Carpenter Technology has grown into a leading producer of high-performance specialty alloy-based materials and process solutions. The company serves critical industries such as aerospace, defense, medical, transportation, energy, industrial, and consumer electronics. Carpenter Technology specializes in premium specialty alloys including titanium, nickel, and cobalt, and has also developed alloys for additive manufacturing processes and soft magnetics applications.
The dividend declaration aims to deliver value to the company’s shareholders while supporting vital sectors with cutting-edge material solutions.
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