SmarterDividends
CRS

Carpenter Technology Corporation

CRS22 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

0.16%

Annual Dividend

$0.80

Payout Ratio

8%

5-Yr Growth

0.0%

Ex-Date

Apr 28, 2026

Frequency

Quarterly

CRS Dividend Safety Score

94/ 100
Grade A

Very Safe

Dividend-growth streak23 consecutive years of growth
Cut historyCut its dividend in 2002
Earnings payout coverage8% of earnings paid out
Free-cash-flow coverage13% of free cash flow
Balance-sheet strengthDebt/equity of 0.34
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CRS a good dividend stock?

Yes

Carpenter Technology Corporation (CRS) pays a quarterly dividend yielding 0.16% ($0.80/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 22 consecutive years of dividend growth
  • Comfortable payout ratio (8%)
  • 1116% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2002

Key Data

Dividend Yield
0.16%
Payout Ratio
8%
Annual Dividend
$0.80
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Apr 28, 2026
Years of Growth
22
Frequency
quarterly
Beta
1.27
Market Cap
$24.5B
P/E Ratio
51.8
5-Yr Total Return
1116%
52-Week Range
$228.00 – $495.58
Dividend Safety
A · 94/100
Ever Cut?
Yes (2002)
CRS ex-dividend date & scheduleNext ex-date Apr 28, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.80 / yr per share

Per payment (quarterly)$20.00
Annual$80.00
Monthly avg$6.67