NORTH CANTON, Ohio,
Feb. 12, 2016 /PRNewswire/
-- The board of directors of The Timken Company (NYSE: TKR;
www.timken.com), the world leader in tapered roller bearings, today
declared a quarterly cash dividend of 26
cents per share. The dividend is payable on March 3, 2016, to shareholders of record as of
Feb. 23, 2016.
This marks the 375th 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
bearings, transmissions, gearboxes, belts, chain and related
products, and offers a spectrum of powertrain rebuild and repair
services. The leading authority on tapered roller bearings, Timken
today applies its deep knowledge of metallurgy, tribology and
mechanical power transmission across a variety of bearings and
related systems to improve reliability and efficiency of machinery
and equipment all around the world. The company's growing product
and services portfolio features many strong industrial brands
including Timken®, Fafnir®, Philadelphia
Gear®, Carlisle®, Drives® and
InterlubeTM. Known for its quality products and
collaborative technical sales model, Timken posted $2.9 billion in sales in 2015. With more
than 14,000 employees operating from 29 countries, Timken makes the
world more productive and keeps industry in motion.
Media
Contact:
|
Investor
Relations:
|
Clark
Harvey
|
Shelly
Chadwick
|
Manager – Media
Relations & Corporate Communications
|
Vice President –
Treasury & Investor Relations
|
Telephone:
234.262.3514
|
Telephone:
234.262.3223
|
Mediarelations@timken.com
|
Shelly.chadwick@timken.com
|
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SOURCE The Timken Company