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Crane raises Q4 dividend 14% to 20.5 cents, with Q4 EPS beating estimate by 9.76% at $0.9.
Crane, an industrial products company, has announced a 14% increase in its quarterly dividend to 20.5 cents.
The decision was made by the company's board of directors.
In Q4 2023, Crane reported earnings results, which included beating estimated earnings by 9.76%, with an EPS of $0.9 versus an estimate of $0.82.
Additionally, revenue for the quarter was down $291.20 million from the same period last year.
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Crane aumenta el dividendo del cuarto trimestre un 14 % a 20,5 centavos, y el beneficio por acción del cuarto trimestre superó la estimación en un 9,76 % a 0,9 dólares.