Carpenter Technology Corporation (NYSE:CRS) Updates On Quarterly Dividend


As per Carpenter Technology Corporation (NYSE:CRS) statement on 2016-08-10, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.18 per share as dividend to stakeholders. The record date is set as 2016-08-23, the payout date as 2016-09-01 and the ex-dividend date is 2016-08-19.

Last fiscal Carpenter Technology Corporation (NYSE:CRS) disbursed cash dividend of $0.18. A year ago, the payout was $0.18, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.18, implying 0% growth.

For the period ended on 2016-06-30, Carpenter Technology Corporation (NYSE:CRS)’s earnings came at $0.35 per share compared to EPS of $0.26 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.19 per share.

The interim price target for Carpenter Technology Corporation (NYSE:CRS) is set at $36.5. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Carpenter Technology Corporation (NYSE:CRS) is seen at $38 and the lowest level is established at $35. This broad range highlights a standard deviation of $2.121 in reported estimates.

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