Crane Company (NYSE:CR) Updates On Quarterly Dividend


As per Crane Company (NYSE:CR) statement on 2016-07-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.33 per share as dividend to stakeholders. The record date is set as 2016-08-31, the payout date as 2016-09-09 and the ex-dividend date is 2016-08-29.

Last fiscal Crane Company (NYSE:CR) disbursed cash dividend of $0.33. A year ago, the payout was $0.33, which indicates a difference of 4.7619%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.33, implying 8.947% growth.

For the period ended on 2015-12-31, Crane Company (NYSE:CR)’s earnings came at $1.21 per share compared to EPS of $1.03 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $1.01 per share.

The interim price target for Crane Company (NYSE:CR) is set at $64.5. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Crane Company (NYSE:CR) is seen at $72 and the lowest level is established at $57. This broad range highlights a standard deviation of $5.318 in reported estimates.

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