Carpenter Dividend Yield from 2010 to 2024

CRS Stock  USD 70.19  1.71  2.50%   
Carpenter Technology Dividend Yield yearly trend continues to be comparatively stable with very little volatility. Dividend Yield is likely to outpace its year average in 2024. Dividend Yield is a financial ratio that shows how much Carpenter Technology pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.0165
Current Value
0.0311
Quarterly Volatility
0.00882461
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Carpenter Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carpenter main balance sheet or income statement drivers, such as Depreciation And Amortization of 158.2 M, Interest Expense of 65.3 M or Selling General Administrative of 153.1 M, as well as many exotic indicators such as Short Term Coverage Ratios of 1.38, Price Earnings Ratio of 45.93 or Price To Sales Ratio of 0.73. Carpenter financial statements analysis is a perfect complement when working with Carpenter Technology Valuation or Volatility modules.
  
This module can also supplement Carpenter Technology's financial leverage analysis and stock options assessment as well as various Carpenter Technology Technical models . Check out the analysis of Carpenter Technology Correlation against competitors.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.

Latest Carpenter Technology's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Carpenter Technology over the last few years. Dividend Yield is Carpenter Technology dividend as a percentage of Carpenter Technology stock price. Carpenter Technology dividend yield is a measure of Carpenter Technology stock productivity, which can be interpreted as interest rate earned on an Carpenter Technology investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Carpenter Technology's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carpenter Technology's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Very volatile
   Dividend Yield   
       Timeline  

Carpenter Dividend Yield Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation41.36
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.000078
Range0.0315
R-Value0.03
Mean Square Error0.000084
R-Squared0.0006
Significance0.93
Slope0.00005
Total Sum of Squares0

Carpenter Dividend Yield History

2024 0.0311
2023 0.0165
2022 0.0144
2021 0.029
2020 0.0201
2019 0.0332
2018 0.0168

About Carpenter Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carpenter Technology income statement, its balance sheet, and the statement of cash flows. Carpenter Technology investors use historical funamental indicators, such as Carpenter Technology's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Carpenter Technology investors may use each financial statement separately, they are all related. The changes in Carpenter Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carpenter Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carpenter Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carpenter Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Dividend Yield 0.02  0.03 

Carpenter Technology Investors Sentiment

The influence of Carpenter Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carpenter. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carpenter Technology's public news can be used to forecast risks associated with an investment in Carpenter. The trend in average sentiment can be used to explain how an investor holding Carpenter can time the market purely based on public headlines and social activities around Carpenter Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carpenter Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carpenter Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carpenter Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carpenter Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carpenter Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carpenter Technology's short interest history, or implied volatility extrapolated from Carpenter Technology options trading.

Pair Trading with Carpenter Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carpenter Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carpenter Technology will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Carpenter Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carpenter Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carpenter Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carpenter Technology to buy it.
The correlation of Carpenter Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carpenter Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carpenter Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carpenter Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Carpenter Technology is a strong investment it is important to analyze Carpenter Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carpenter Technology's future performance. For an informed investment choice regarding Carpenter Stock, refer to the following important reports:
Check out the analysis of Carpenter Technology Correlation against competitors.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Carpenter Stock analysis

When running Carpenter Technology's price analysis, check to measure Carpenter Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is Carpenter Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carpenter Technology. If investors know Carpenter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carpenter Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.8
Dividend Share
0.8
Earnings Share
2.89
Revenue Per Share
55.43
Quarterly Revenue Growth
0.078
The market value of Carpenter Technology is measured differently than its book value, which is the value of Carpenter that is recorded on the company's balance sheet. Investors also form their own opinion of Carpenter Technology's value that differs from its market value or its book value, called intrinsic value, which is Carpenter Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carpenter Technology's market value can be influenced by many factors that don't directly affect Carpenter Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carpenter Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carpenter Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carpenter Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.