Timken declares quarterly dividend of 30 cents per share
NORTHERN TOWNSHIP, Ohio, August 4, 2021 / PRNewswire / – The Board of Directors of The Timken Company (NYSE: TKR; www.timken.com), a global industry leader in technical bearings and power transmission products, today declared a quarterly cash dividend of 30 cents per share. The dividend is payable on September 3, 2021, to shareholders of record on August 20, 2021.
The Timken Company has paid a dividend on its common stock every quarter since listing on the New York Stock Exchange (NYSE) in 1922. The upcoming dividend represents 397 consecutive quarters, one of the longest dividend streaks among listed companies. at the NYSE.
About the Timken Company
The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of technical bearings and power transmission products. With over a century of knowledge and innovation, we are continually improving the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $ 3.5 billion in sales in 2020 and employs more than 17,000 people worldwide, operating in 42 countries. Timken is recognized among Most Responsible American Companies by Newsweek, on The most ethical companies in the world® by Ethisphere and America’s Best Employers, America’s Best Employers for New Grads and America’s Best Employers for Women by Forbes.
SOURCE The Timken Company