Crawford & Company Board Increases Quarterly Dividends

On February 11, 2021, Crawford & Company declared a quarterly dividend of $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stock, marking an increase of $0.01 from the previous quarter.

Rhea-AI Summary

On February 11, 2021, Crawford & Company declared a quarterly dividend of $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stock, marking an increase of $0.01 from the previous quarter. The dividend is payable on March 12, 2021, to shareholders recorded as of February 26, 2021. As the largest publicly listed independent provider of claims management solutions, Crawford serves clients across more than 70 countries, ensuring significant shareholder value through consistent dividend payments.

Positive

• Quarterly dividend increased by $0.01 per share.
• Consistent dividend payments enhance shareholder value.

Negative

• None.

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The recorded move for CRD-A in the trading session of this news was +5.10%.

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ATLANTA, Feb. 12, 2021 (GLOBE NEWSWIRE) -- On February 11, 2021, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on March 12, 2021, to shareholders of record as of the close of business on February 26, 2021. This is an increase of $0.01 per share from the previous quarter.

About Crawford®
Based in Atlanta, Crawford & Company (NYSE: CRD‐A and CRD‐B) is the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carries, brokers and corporations with an expansive global network serving clients in more than 70 countries. The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRD-A must receive the same type and amount of consideration as holders of CRD-B, unless different consideration is approved by the holders of 75 percent of CRD-A, voting as a class. More information is available at www.crawco.com.

For further information regarding this press release, please contact mediarelations@us.crawco.com 

Tag: [Crawford-Financial, Crawford-Investor-News-and-Events]

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Crawford on February 11, 2021?

The dividend amount declared is $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stock.

When is the dividend payment date for Crawford's declared dividend?

The dividend is payable on March 12, 2021.

When is the record date for the dividend declared by Crawford?

The record date for the dividend is February 26, 2021.

How much was the increase in the quarterly dividend from the previous quarter?

The quarterly dividend increased by $0.01 per share from the previous quarter.

What are the stock symbols for Crawford's shares?

The stock symbols for Crawford are CRD-A for Class A and CRD-B for Class B.