Crown Holdings, Inc. (NYSE:CCK) to Issue Quarterly Dividend of $0.35

Key Points

• Crown declared a quarterly dividend of $0.35 per share (annualized $1.40), with an ex-dividend and record date of May 14 and a payment date of May 28, implying a yield of about 1.4%.
• Quarterly results beat expectations: Q1 EPS $1.86 vs. $1.75 expected and revenue $3.26B vs. $3.03B, with revenue up 12.9% YoY and FY2026 guidance set at $7.90–$8.30 EPS (Q2 guidance $2.10–$2.20).
• Dividend coverage and ownership notes: The payout ratio is low at 18.3% (expected to be ~15.9% next year), insiders sold ~52,234 shares last quarter while institutional investors own roughly 90.9% of the stock.

Crown Holdings, Inc. (NYSE:CCK - Get Free Report) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.35 per share by the industrial products company on Thursday, May 28th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, May 14th.

Crown has a payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Crown to earn $8.83 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 15.9%.

Crown Stock Up 0.6%

Shares of Crown stock opened at $98.91 on Friday. Crown has a twelve month low of $89.21 and a twelve month high of $116.62. The stock has a market cap of $11.10 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 1.63 and a beta of 0.75. The company has a current ratio of 1.12, a quick ratio of 0.66 and a debt-to-equity ratio of 1.67. The company has a fifty day moving average price of $105.34 and a 200 day moving average price of $102.79.

Crown (NYSE:CCK - Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.11. The company had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Equities research analysts forecast that Crown will post 8.03 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Timothy J. Donahue sold 7,500 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of the transaction, the chief executive officer directly owned 451,070 shares of the company's stock, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the company's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the transaction, the chief operating officer owned 88,052 shares of the company's stock, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 52,234 shares of company stock worth $5,832,363. 0.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Crown

Several large investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its position in Crown by 19.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 8,564 shares of the industrial products company's stock valued at $859,000 after acquiring an additional 1,412 shares during the period. Carmel Capital Partners LLC grew its stake in shares of Crown by 2.6% in the first quarter. Carmel Capital Partners LLC now owns 20,492 shares of the industrial products company's stock worth $2,054,000 after purchasing an additional 510 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Crown by 31.3% during the first quarter. Hsbc Holdings PLC now owns 218,541 shares of the industrial products company's stock valued at $21,707,000 after purchasing an additional 52,056 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of Crown by 3.1% during the first quarter. Kestra Advisory Services LLC now owns 6,647 shares of the industrial products company's stock valued at $666,000 after purchasing an additional 201 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Crown by 2.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,838 shares of the industrial products company's stock valued at $585,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company's stock.

About Crown

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

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