JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
PHILADELPHIA - Carpenter Technology Corporation (NYSE:CRS) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock.
The dividend will be paid on September 4, 2025, to shareholders of record as of August 26, 2025.
Carpenter Technology, founded in 1889, specializes in high-performance specialty alloy materials and process solutions for critical applications across aerospace, defense, medical, and other markets.
The company is known for its premium specialty alloys including nickel, cobalt, and titanium, as well as material process capabilities designed to address customer requirements.
The dividend announcement was made in a company press release statement.
In other recent news, Carpenter Technology Corporation reported its fourth-quarter earnings for fiscal year 2025, exceeding analysts’ expectations with an earnings per share (EPS) of $2.21, compared to the forecasted $2.06. However, the company faced a revenue shortfall, reporting $755.6 million against a forecast of $790.79 million. This represents a 4.45% miss in revenue expectations. Despite this, the company’s stock showed resilience in pre-market trading. Additionally, Carpenter Technology announced leadership changes as part of its succession plans for the Board of Directors. Tony R. Thene, the current President and CEO, will take on the additional role of Chairman of the Board effective October 7, 2025. These developments highlight the company’s ongoing strategic initiatives and financial performance in recent times.
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