Crown Holdings, Inc. Announces Quarterly Dividend of $0.35 (NYSE:CCK)

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

Crown has a dividend payout ratio of 18.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Crown to earn $8.86 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 15.8%.

Crown Stock Down 1.8%

Shares of NYSE:CCK opened at $114.32 on Friday. Crown has a 12-month low of $89.21 and a 12-month high of $121.76. The stock has a market capitalization of $12.78 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.87 and a beta of 0.60. The stock has a fifty day simple moving average of $104.17 and a two-hundred day simple moving average of $105.07. The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 1.63.

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