NORTH CANTON, Ohio,
Feb. 6, 2019 /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 March 4, 2019, to
shareholders of record as of Feb. 20,
2019.
This marks the 387th 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, automated
lubrication systems, belts, chain, couplings and linear motion
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 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®,
Rollon® and Cone Drive®. Known for its
quality products and collaborative technical sales model, Timken
posted $3 billion in sales in 2017.
With more than 17,000 employees operating from 35 countries, Timken
makes the world more productive and keeps industry in motion.
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Jason Hershiser
234.262.7101
jason.hershiser@timken.com
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SOURCE The Timken Company