Crane Group
Crane Group Limited (CRG) is a company engaged in the manufacture and distribution of aluminium extrusions, copper tube, bar extrusions, copper alloy rod and plumbing supplies. CRG was listed on the Australian Stock Exchange on the 19th of February, 1962. Its average annual revenue reaches approximately $2 billion out of its issued capital of approximately $354 million. Its headquarters is located in North Sydney, Australia and to date; around 5,000 people are employed in the company.
Study the dividend history for CRANE GROUP LIMITED. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
Australian building and industrial products company Crane Group (ASX:CRG), a metals dealer, plumbing supplier and a pipeline maker, have announced a fall of 26.8 percent in net profit to $31.9 million for the 2009-2010 fiscal year ending 30 June 2010. Company revenue was down 12 percent to $1.86 billion. In the year ending 30 June 2009, Crane Group had reported a profit of $43.57 million.
Crane Group Profits and Dividends
Australia based Crane Group Limited (CRG), a company that concentrates in the manufacture and distribution of copper tube, copper alloy rod, aluminium extrusions, bar extrusions and plumbing supplies have reduced its full-year outlook on Monday after it was reveled that the first-half earnings of the company was almost halved with key water projects in Australia drying up.
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