NORTH CANTON, Ohio,
Aug. 7, 2018 /PRNewswire/ -- The
board of directors of The Timken Company (NYSE: TKR;
www.timken.com), a world leader in engineered bearings and power
transmission products, today declared a quarterly cash dividend of
28 cents per share. The dividend is
payable on Sept. 5, 2018, to
shareholders of record as of Aug. 17,
2018.
This marks the 385th 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, gear drives, belts, chain,
couplings, lubrication systems 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 the 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®, Groeneveld®, Drives® and
Lovejoy®. Known for its quality products and
collaborative technical sales model, Timken posted $3.0 billion in sales in 2017. With more than
15,000 employees operating from 33 countries, Timken makes the
world more productive and keeps industry in motion.
Media Relations:
234.262.3514
mediarelations@timken.com
Investor Relations:
Jason
Hershiser
234.262.7101
jason.hershiser@timken.com
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SOURCE The Timken Company