Crown Holdings, Inc. (CCK) to Issue Quarterly Dividend of $0.35 on May 28th

Crown Holdings, Inc. (NYSE:CCK) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.35 per share by the industrial products company on Thursday, May 28th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, May 14th.

Crown has a payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Crown to earn $8.80 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 15.9%.

Crown Stock Performance

NYSE CCK opened at $100.28 on Friday. Crown has a 1 year low of $89.21 and a 1 year high of $116.62. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.66. The stock has a market capitalization of $11.26 billion, a PE ratio of 15.97, a P/E/G ratio of 1.52 and a beta of 0.65. The company’s 50 day simple moving average is $105.34 and its two-hundred day simple moving average is $102.79.

Crown (NYSE:CCK) last posted its earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The business had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the company posted $1.67 EPS. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Analysts predict that Crown will post 8.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CCK shares. Bank of America lowered their target price on shares of Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Mizuho raised their price objective on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. UBS Group lowered their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday. Morgan Stanley restated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Finally, Citigroup raised their price objective on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $120.93.

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.