Item 8.01 Other Events.

On April 22, 2009, Carpenter Technology Corporation issued a press release announcing that the Board of Directors declared a quarterly cash dividend of $.18 per share of common stock, payable June 4, 2009 to shareholders of record on May 5, 2009. The ex-dividend date (the date on which the common stock will trade without the dividend) is May 1, 2009. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and shall not be deemed to be "filed " for any purpose.