Crown Holdings, Inc. (CCK) To Go Ex-Dividend on August 6th

Crown Holdings, Inc. (NYSE:CCK) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 6th will be given a dividend of 0.35 per share by the industrial products company on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 6th.

Crown has a payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Crown to earn $8.97 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 15.6%.

Crown Stock Up 3.0%

Shares of NYSE CCK opened at $117.88 on Friday. Crown has a 52-week low of $89.21 and a 52-week high of $121.76. The firm has a market capitalization of $13.17 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 1.69 and a beta of 0.60. The stock has a 50 day moving average price of $104.60 and a 200 day moving average price of $105.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.70 and a current ratio of 1.05.

Crown (NYSE:CCK) last issued its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $2.15 EPS. Crown’s revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Sell-side analysts expect that Crown will post 8.39 earnings per share for the current year.

More Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Crown Holdings to $135 from $131 and reiterated an outperform rating, suggesting meaningful upside from current levels. Benzinga report
• Positive Sentiment: Crown Holdings declared a quarterly dividend of $0.35 per share, which can appeal to income-focused investors and signals continued shareholder returns. Press release
• Positive Sentiment: Several analysts remained constructive after the earnings beat, including Truist reaffirming Buy and Wells Fargo lifting its price target to $127, which adds to the bullish tone around the stock. Article
• Neutral Sentiment: UBS reportedly kept a Hold rating, indicating some analysts see the shares as fairly valued after the recent rally. UBS Hold report
• Negative Sentiment: J.P. Morgan reportedly downgraded Crown to Neutral after the strong run-up, which may reflect concerns that much of the good news is already priced in. Seeking Alpha report

Crown Company Profile

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.