Crawford & Company – Class B stated on May 12, 2023 that its Board of Directors has approved a regular quarterly dividend $0.06 per share ($0.24 annualized). Previously, the company paid $0.06 per share.
Shares must have been purchased before the ex-split date of May 25, 2023, to qualify for the dividend. Shareholders of record through May 26, 2023 will receive the payment on June 9, 2023.
At the current share price of $8.58/share, the stock’s dividend yield is 2.80%.
Looking back five years and taking a sample each week, the average dividend yield has been 2.55%, with a low of 1.26%, and a high of 4.62%. The standard deviation of the yield is 0.81 (n=237).
The current dividend yield is 0.30 standard deviations from the historical average.
Additionally, the company has a dividend payout ratio of -0.92. The payout ratio tells us how much of a company’s earnings is paid out in dividends. A payout ratio of one (1.0) means that 100% of the company’s earnings are paid out in dividends. A payout ratio greater than one means the company is dipping into savings to maintain its dividend — not a healthy situation. Companies with some growth potential are expected to pay out most of their earnings in dividends, which typically have a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some of the earnings to invest in those growth prospects, which translates into a payout ratio of zero to 0.5.
The company has a 3-year dividend growth rate of 0.20%, indicating that it has increased its dividend over time.
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What is Fund Sentiment?
there are 59 fund or institution reporting positions In Crawford & Co. – Class B. This is a decrease of 2 owners or 3.28% over the previous quarter. average portfolio weight of all funds 0.02% is devoted to CRD.B, an increase of 60.77%. The total shares owned by the institutions decreased by 1.36% to 4,932K shares in the last three months.
Analyst Price Forecast Indicates 24.75% Upside
By May 11, 2023, average one year price target For Crawford & Company – Class B is 10.71. Forecasts range from a low of $10.10 to a high of $11.55. The average price target shows an upside of 24.75% from its latest informed closing price of 8.58.
see our Leaderboard of companies With the biggest price target on the upside.
Crawford & Company – The estimated annual revenue for Class B is ₹1,277MM, a growth of 4.38%. Estimated Annual Non-GAAP eps is 0.82.
What are the other shareholders doing?
Truest Financial The company holds 1,029K shares representing 2.11% ownership. No change from last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares The company holds 747K shares representing 1.53% ownership. No change from last quarter.
Renaissance Technologies The company holds 687K shares representing 1.41% ownership. In its prior filing, the firm reported representing 701K shares. fall short of 2.04%. Firm increased Its portfolio allocation in CRD.B has increased by 37.32% over the previous quarter.
First Wilshire Securities Management The company holds 268K shares representing 0.55% ownership. In its prior filing, the firm reported representing 269K shares. fall short of 0.33%. Firm increased Its portfolio allocation in CRD.B has increased by 40.46% over the previous quarter.
VEXMX – Vanguard Extended Market Index Fund Investor Shares The company holds 266K shares representing 0.55% ownership. In its prior filing, the firm reported representing 266K shares. a hike of 0.08%. Firm fell short of Its portfolio allocation in CRD.B has increased by 2.45% over the previous quarter.
Crawford Background Information
(This description is provided by the company.)
Based in Atlanta, Crawford & Company is the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations with a vast global network serving clients in more than 70 countries. Except with respect to voting rights and the Company’s ability to pay higher cash dividends on non-voting Class A common stock (CRD-A) than on voting Class B common stock (CRD–), the two classes of Company stock are significantly different. are similar to an extent. b), subject to certain limitations. In addition, in connection with a merger or similar transaction, holders of CRD-A should receive the same type and returns as holders of CRD-B, unless otherwise agreed upon by 75 percent of holders of CRD-A. is not approved, a class in the form of polling.
Main filing for this company:
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