NORTH CANTON, Ohio,
Nov. 11, 2016 /PRNewswire/
-- The board of directors of The Timken Company (NYSE: TKR;
www.timken.com), a global leader in bearings and mechanical power
transmission products, today declared a quarterly cash dividend of
26 cents per share. The dividend is
payable on Dec. 2, 2016, to
shareholders of record as of Nov. 22,
2016.
This marks the 378th 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, belts, chain,
couplings, and related 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 mechanical power transmission across a
variety of bearings and related systems to improve 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®, Carlisle®, Drives®,
Lovejoy® and Interlube™. Known for its quality products
and collaborative technical sales model, Timken posted $2.9 billion in sales in 2015. With more than
14,000 employees operating from 28 countries, Timken makes the
world more productive and keeps industry in motion.
Media Relations:
234.262.3514
mediarelations@timken.com
Investor Relations:
Jason
Hershiser
234.262.7101
jason.hershiser@timken.com
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SOURCE The Timken Company