Owners of Carpenter Technology Corporation (NYSE: CRS) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $47.24 as of 9:36 a.m. ET, the dividend yield is 1.6%. The average volume for Carpenter Technology Corporation has been 493,100 shares per day over the past 30 days. Carpenter Technology Corporation has a market cap of $2.4 billion and is part of the industrial industry. Shares are down 8.7% year to date as of the close of trading on Wednesday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Carpenter Technology Corporation engaged in the manufacture, fabrication, and distribution of specialty metals. The company has a P/E ratio of 16.81. TheStreet Ratings rates Carpenter Technology Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Carpenter Technology Corporation Ratings Report now.