Crane Co. Declares First Quarter Dividend and Announces 6% Dividend Increase

STAMFORD, Conn.–(BUSINESS WIRE)–Crane Co., a diversified manufacturer of highly engineered industrial
products, is pleased to announce its Board of Directors today declared a
6% increase in its quarterly dividend, to $0.35 per share from $0.33 per
share. The dividend is payable on March 9, 2018 to shareholders of
record as of the close of business on February 28, 2018. The indicated
annual dividend rate will now be $1.40 per share.

Crane Co. is a diversified manufacturer of highly engineered industrial
products. Founded in 1855, Crane provides products and solutions to
customers in the hydrocarbon processing, petrochemical, chemical, power
generation, unattended payment, banknote design and production,
automated merchandising, aerospace, electronics, transportation and
other markets. The Company has four business segments: Fluid Handling,
Payment & Merchandising Technologies, Aerospace & Electronics and
Engineered Materials. Crane has approximately 12,000 employees in the
Americas, Europe, the Middle East, Asia and Australia. Crane Co. is
traded on the New York Stock Exchange (NYSE:CR). For more information,
visit www.craneco.com.

CR-D

Contacts

Crane Co.
Jason D. Feldman, 203-363-7329
Director, Investor
Relations
www.craneco.com