NORTH CANTON, Ohio,
Feb. 12, 2021 /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
29 cents per share. The dividend is
payable on March 4, 2021, to
shareholders of record as of February 22,
2021.
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 395 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 $3.5 billion in sales in 2020
and employs more than 17,000 people globally, operating from 42
countries.
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