NORTH CANTON, Ohio,
Feb. 11, 2022 /PRNewswire/ -- The
board of directors of The Timken Company (NYSE: TKR;
www.timken.com), a global industrial leader in engineered bearings
and power transmission products, today declared a quarterly cash
dividend of 30 cents per share. The
dividend is payable on March 4, 2022,
to shareholders of record as of Feb. 22,
2022.
The Timken Company has paid a dividend on its common shares
every quarter since its listing on the New York Stock Exchange
(NYSE) in 1922. The upcoming dividend represents 399 consecutive
quarters, one of the longest-running dividend streaks among
NYSE-listed companies.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs a
growing portfolio of engineered bearings and power transmission
products. With more than a century of knowledge and innovation, we
continuously improve the reliability and efficiency of global
machinery and equipment to move the world forward. Timken
posted $4.1 billion in sales in 2021
and employs more than 18,000 people globally, operating from 42
countries. Timken is recognized among America's Most Responsible
Companies by Newsweek, the World's Most Ethical Companies® by
Ethisphere and America's Best Employers, America's Best Employers
for New Graduates and America's Best Employers for Women by
Forbes.
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Neil Frohnapple
234.262.2310
neil.frohnapple@timken.com
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SOURCE The Timken Company