CROWN HOLDINGS, INC. ANNOUNCES 35% DIVIDEND INCREASE

Rhea-AI Summary

Crown Holdings (NYSE: CCK) announced a 35% quarterly dividend increase, raising the cash dividend to $0.35 per share, payable March 31, 2026, to shareholders of record on March 17, 2026. The prior dividend was $0.26 per share.

Management cited strong earnings, free cash flow and a solid balance sheet, and reiterated a balanced capital-allocation framework including a target net leverage of ~2.5x and continued disciplined buybacks.

Positive

• Dividend +35% to $0.35 per share
• Dividend payable March 31, 2026 to record holders on March 17, 2026
• Net leverage ~2.5x underscores balance-sheet focus
• Company cites strong earnings and free cash flow supporting payouts

Negative

• None.

TAMPA, Fla., Feb. 27, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.35 per share, payable March 31, 2026, to shareholders of record as of March 17, 2026. This quarterly dividend represents an increase of 35% over the previous dividend of $0.26 per share.

Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "Our 35% dividend increase underscores the strength of our earnings and free cash flow generation, the resilience of our end markets, and our confidence in our operations. Supported by our solid balance sheet, we are well-positioned to consistently return capital to shareholders. We remain committed to our balanced capital allocation framework — maintaining our net leverage ratio at approximately 2.5x, investing prudently to support long-term growth, paying a sustainable and growing dividend, and returning capital through disciplined share repurchases."

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida.

For more information, contact:
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, (215) 698-5281
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

View original content:https://www.prnewswire.com/news-releases/crown-holdings-inc-announces-35-dividend-increase-302699868.html

SOURCE Crown Holdings, Inc.

FAQ

How much is Crown Holdings (CCK) increasing its dividend for March 2026?

Crown increased its quarterly dividend to $0.35 per share, a 35% rise. According to the company, the dividend is payable March 31, 2026, to shareholders of record on March 17, 2026.

When is the record date and payment date for CCK's March 2026 dividend?

The record date is March 17, 2026 and the payment date is March 31, 2026. According to the company, holders on the record date will receive the $0.35 per share cash dividend.

What rationale did management give for the 35% dividend increase at Crown (CCK)?

Management cited strong earnings and free cash flow and resilience in end markets as reasons for the increase. According to the company, a solid balance sheet supports returning capital to shareholders.

Does Crown Holdings mention capital allocation priorities after the dividend increase (CCK)?

Yes. The company reiterated a balanced framework: maintain net leverage near 2.5x, invest for growth, pay a sustainable dividend, and pursue disciplined share repurchases, according to the company.

What was Crown Holdings' previous dividend before the 35% increase (CCK)?

Prior to the increase, the quarterly dividend was $0.26 per share. According to the company, the new dividend of $0.35 per share reflects a 35% increase over that amount.