Crane Company (CR) Raises Annual Dividend 13.9% to $0.205; 0.2% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. DOX
4. VRTX
5. CHKP
6. CRWD
7. ON
8. INSP
9. HNGE
10. AMD

Go back to Crane Company (CR) Raises Annual Dividend 13.9% to $0.205; 0.2% Yield

Crane Company Reports Fourth Quarter 2023 Results, Provides 2024 Guidance, and Raises Annual Dividend by 14%

January 29, 2024 4:15 PM EST

Fourth Quarter 2023 Highlights

Earnings from continuing operations per diluted share (EPS) of $0.86 and adjusted EPS of $0.90. Core year-over-year sales growth of 5% and core year-over-year backlog growth of 8%. Year-over-year growth in operating profit from continuing operations of 38%, and year-over-year growth in adjusted operating profit from continuing operations of 14%. Introducing 2024 adjusted EPS guidance of $4.55-$4.85 reflecting 10% growth compared to 2023 adjusted EPS. Declaring first quarter 2024 dividend of $0.205 per share, and raising the annual dividend by 14% to $0.82 per share. Demonstrated significant progress on capital deployment and acquisition strategy with the October 2023... More