Crown Holdings (CCK) Declares $0.20 Quarterly Dividend; Approves $1.5 Billion Buyback

Crown Holdings (NYSE: CCK) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on March 25, 2021, to stockholders of record on March 11, 2021, with an ex-dividend date of March 10, 2021.

The annual yield on the dividend is 0.8 percent.

Crown's Board of Directors also authorized the repurchase of an aggregate amount of up to $1.5 billion of Company common stock through the end of 2023. The new authorization reflects the Company's strong balance sheet and cash from operations, allowing investment in the business and return of cash to its shareholders. Stock repurchases under this program may be made in the open market or through privately negotiated transactions, and at times and in such amounts as management deems appropriate. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements and other market conditions.

For a dividend history and other dividend-related data on Crown Holdings (CCK) click here.

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