Crown Holdings, Inc. (CCK) to Issue Quarterly Dividend of $0.35 on March 31st

Crown Holdings, Inc. (NYSE:CCK) announced a quarterly dividend on Friday, February 27th. Investors of record on Tuesday, March 17th will be paid a dividend of 0.35 per share by the industrial products company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a 34.6% increase from Crown’s previous quarterly dividend of $0.26.

Crown has a payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Crown to earn $7.62 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 18.4%.

Crown Stock Up 1.0%

NYSE CCK traded up $1.00 on Friday, reaching $105.13. The company had a trading volume of 978,675 shares, compared to its average volume of 1,058,847. The firm has a market capitalization of $11.90 billion, a PE ratio of 16.50, a P/E/G ratio of 1.23 and a beta of 0.70. Crown has a 1 year low of $75.98 and a 1 year high of $116.62. The firm has a 50-day moving average of $108.22 and a 200-day moving average of $101.08. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66.

Crown (NYSE:CCK) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the firm posted $1.59 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, equities research analysts anticipate that Crown will post 6.96 EPS for the current fiscal year.

About Crown

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.