Crane Co., a diversified manufacturer of highly engineered industrial
products, is pleased to announce its Board of Directors today declared a
7% increase in its quarterly dividend, to $0.30 per share from $0.28 per
share. The dividend is payable on September 10, 2013 to shareholders of
record as of the close of business on August 30, 2013. The indicated
annual dividend rate will now be $1.20 per share.
Crane Co. is a diversified manufacturer of highly engineered industrial
products. Founded in 1855, Crane provides products and solutions to
customers in the aerospace, electronics, hydrocarbon processing,
petrochemical, chemical, power generation, automated merchandising,
transportation and other markets. The Company has four business
segments: Aerospace & Electronics, Engineered Materials, Merchandising
Systems, and Fluid Handling. Crane has approximately 11,000 employees in
North America, South America, Europe, Asia and Australia. Crane Co. is
traded on the New York Stock Exchange (NYSE:CR). For more information,
visit www.craneco.com.
Crane Co.
Richard E. Koch, 203-363-7352
Director, Investor Relations & Corporate Communications
www.craneco.com