CANTON, Ohio, Nov. 16, 2012 /PRNewswire-FirstCall/ -- The
Timken Company (NYSE: TKR; www.timken.com) board of directors today
declared a quarterly cash dividend of 23 cents per share. The
dividend is payable on Dec. 4, 2012,
to shareholders of record as of Nov. 26,
2012.
(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO
)
This marks the 362nd consecutive quarterly dividend paid on the
common stock of the company since Timken was listed on 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), a global industrial technology leader, applies its deep
knowledge of metallurgy, friction management and power transmission
to improve the reliability and efficiency of machinery all around
the world.
The company engineers, manufactures and markets mechanical
components and high-performance steel. Its bearings,
engineered-steel bars and tubes—as well as transmissions,
gearboxes, chain and related products and services—support
diversified markets worldwide.
With sales of $5.2 billion in 2011
and approximately 21,000 people operating from 30 countries, Timken
makes the world more productive and keeps industry in
motion.
Media Contact: Pat
Carlson
Global Media & Corporate Comm.
Telephone: (330)471-3514
pat.carlson@timken.com
Investor Contact: Steve
Tschiegg
Director – Capital Markets & Investor Relations
Telephone: (330)471-7446
steve.tschiegg@timken.com
SOURCE The Timken Company