Crane Company Dividends
The next dividend date for Crane Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Crane Company (CR)
More About Crane Company
Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in two segments, Aerospace & Electronics and Process Flow Technologies. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for defense, and space applications and lubrication systems. The Process Flow Technologies segment provides other related products, such as lined pipe, fittings and hoses, vacuum jacketed air operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, vacuum insulated pipe systems, and valve diagnostic and calibration systems; pumps and systems; and commercial valves. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.
Owning Crane Company Stock on the Dividend Date
If you own Crane Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Crane Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Crane Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Crane Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Crane Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Crane Company Dividends
You can contact us any time if you would like to ask questions about Crane Company dividends or anything else related to the stock market.