Crane Dividend Insights: Key Details Before the Ex-Dividend Date of May 30, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, May 26, 2025 7:09 pm ET1min read
Crane Co (CR) has announced a cash dividend of $0.230 per share, with the ex-dividend date set for May 30, 2025, and the payout date scheduled for Jun 11, 2025. This dividend marks an increase compared to the average of the last 10 dividends, which stood at $0.199 per share. The announcement was made on Apr 28, 2025, following the previous dividend of $0.230 per share distributed on Mar 12, 2025.

Recently, Co has been the subject of notable developments that could influence its market performance and operations. Over the past week, an analyst has maintained a Buy rating for Crane Co, setting a price target of $200, indicating positive expectations for the company's stock trajectory. Additionally, there has been significant insider activity, with a company executive capitalizing on a stock sale on May 23, 2025, potentially signaling confidence in Crane's financial prospects. Furthermore, Millennium Management LLC has notably decreased its holdings in Crane by 40.6% during the preceding quarter, a move that highlights shifts in institutional investor sentiment regarding the company’s stock.

As of late, Crane Co has been experiencing fluctuations in its stock price, with Millennium Management LLC's reduction in shares potentially impacting the stock's valuation. Meanwhile, insider sales by key personnel, such as Jason D. Feldman, the SVP of IR, Treasury & Tax, who sold 1,300 shares at an average price of $177.10 on May 20, 2025, reflect ongoing changes in the company’s internal dynamics. These recent activities provide insights into Crane Co’s current market standing and operational health, underscoring both the opportunities and challenges faced by the company in navigating its industry landscape.

In conclusion, Crane Co's dividend strategy and recent market activities present investors with critical information as they consider their investment decisions. The ex-dividend date of May 30, 2025, marks the last opportunity for investors to purchase Crane Co’s stock and qualify for the upcoming dividend; any acquisition post this date will not entitle shareholders to the current dividend payout.

Comments



Add a public comment...
No comments

No comments yet