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.
News Market Reaction – CCK
In the Mar 2 session, CCK gained 1.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "Our
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
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
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SOURCE Crown Holdings, Inc.