NORTH
CANTON, Ohio, Aug. 7, 2024
/PRNewswire/ -- The board of directors of The Timken Company (NYSE:
TKR; www.timken.com), a global technology leader in engineered
bearings and industrial motion, today declared a quarterly cash
dividend of 34 cents per share. The dividend is payable
on Aug. 30, 2024, to shareholders of record as of Aug.
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 409 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), a global
technology leader in engineered bearings and industrial motion,
designs a growing portfolio of next-generation products for diverse
industries. For 125 years, Timken has used its specialized
expertise to innovate and create customer-centric solutions that
increase reliability and efficiency. The company
posted $4.8 billion in sales in 2023 and employs more
than 19,000 people globally, operating from 45 countries. Timken is
one of the World's Most Innovative Companies, according
to Fast Company, and has been recognized
among America's Most Responsible Companies, America's
Greatest Workplaces and America's Greatest Workplaces for
Diversity by Newsweek, Best Companies to Work
For by U.S. News & World Report,
the World's Most Ethical Companies® by
Ethisphere and America's Most Innovative
Companies by Fortune.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Neil
Frohnapple
234.262.2310
investors@timken.com
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SOURCE The Timken Company