Crown Holdings, Inc. (CCK) will raise its quarterly dividend by 10 percent to 22 cents per share in 2022. The packaging company initiated a 20 cents per share quarterly dividend last year.
The next CCK dividend is payable March 24, 2022, to shareholders of record as of March 10, 2022. A new annual dividend rate of 88 cents per share yields 0.74% at a stock price of $118 for CCK. The ex-dividend date for the increased Crown Holdings dividend is March 9, 2022.
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 Yardley, Pennsylvania. Crown Holdings initiated a quarterly dividend in 2021.