UPDATE: Crane Co. (CR) Misses Q1 EPS by 10c, Revenues Miss; Updated FY20 EPS/Revenue Guidance Below Consensus

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Crane Co. (CR) Announces Retirement of Board Chairman R.S. Evans

April 28, 2020 5:14 PM EDT

Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced that the Chairman transition disclosed in the Companys proxy statement on March 13, 2020 has been completed. Crane Co.s Chairman, R.S. Evans, has retired in accordance with the Companys director retirement policy. James L. L. Tullis, a Crane Co. Director since 1998, became Chairman upon Mr. Evans retirement.

Max Mitchell, Crane Co. President and Chief Executive Officer, stated Shell Evans has devoted 47 years to Crane, including 36 years as Chairman, and 17 years as CEO. It would be... More

Crane Co. (CR) Declares $0.43 Quarterly Dividend; 3.2% Yield

April 27, 2020 5:12 PM EDT

Crane Co. (NYSE: CR) declared a quarterly dividend of $0.43 per share, or $1.72 annualized.

The dividend will be payable on June 10, 2020, to stockholders of record on May 29, 2020, with an ex-dividend date of May 28, 2020.

The annual yield on the dividend is 3.2 percent.

For... More