NORTH
CANTON, Ohio, Feb. 8, 2024
/PRNewswire/ -- The board of directors of The Timken Company (NYSE:
TKR; www.timken.com), a global leader in engineered bearings and
industrial motion products, today declared a quarterly cash
dividend of 33 cents per share. The
dividend is payable on March 6, 2024,
to shareholders of record as of Feb. 20,
2024.
Timken has paid a dividend on its common shares every quarter
since its original listing on the New York Stock Exchange (NYSE) in
1922. The upcoming dividend represents 407 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 industrial motion
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 $4.8 billion in sales in 2023 and employs more
than 19,000 people globally, operating from 45 countries. Timken
has been recognized among America's Most Responsible
Companies and America's Greatest Workplaces for Diversity by
Newsweek, the World's Most Ethical
Companies® by Ethisphere, America's Most
Innovative Companies by Fortune and America's Best Large
Employers 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