Timken Declares Quarterly Dividend Of 25 Cents Per Share
NORTH CANTON, Ohio, Aug. 5, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 25 cents per share. The dividend is payable on Sept. 3, 2014, to shareholders of record as of Aug. 19, 2014.
This marks the 369th consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined the New York Stock Exchange in 1922, one of the longest-running dividend records among NYSE-listed companies.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) engineers, manufactures and markets Timken® bearings, transmissions, gearboxes, chain, and related products, and offers a spectrum of power system rebuild and repair services around the world. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and power transmission across the broad spectrum of bearings and related systems to improve the reliability and efficiency of machinery and equipment all around the world. Known for its quality products and collaborative technical sales model, Timken posted $3 billion in sales in 2013 (excluding Steel business sales.) With approximately 17,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.
SOURCE The Timken Company