Crane Co.’s Board of Directors on Monday declared a regular quarterly dividend.
Crane Co. is the parent company of Crane Composites.
The dividend will total 20.5 cents per share.
The cash dividend will be payable Sept. 11 to shareholders of record Aug. 30.
Crane Co. has about 57.16 million shares outstanding, according to Yahoo Finance. The quarterly dividend will return about $11.72 million to shareholders.