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Carpenter Declares Quarterly Cash Dividend

/EIN News/ -- PHILADELPHIA, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share of common stock, payable September 7, 2017, to shareholders of record on August 22, 2017. The ex-dividend date (the date the common stock trades without the dividend) is August 18, 2017.

About Carpenter Technology

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels.  Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets.  Building on its history of innovation, Carpenter’s powder technology capabilities support a range of next-generation products and manufacturing techniques, including additive manufacturing or 3D Printing.  Information about Carpenter can be found at http://www.cartech.com.

Media Inquiries:	
                    William J. Rudolph, Jr.	
                    +1 610-208-3892	
                    wrudolph@cartech.com	
                    
                    Investor Inquiries:
                    Brainerd Communicators
                    Brad Edwards
                    +1 212-986-6667
                    edwards@braincomm.com

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